Next up, guys, into some big winners on the day. ARM, Intel, and Meta all pushing up because of Meta Muse's monetization and investors getting very excited about the spillover effects into companies like this like ARM pushing up and I touched on this as well as Intel in previous shows, which I'll highlight here in a moment.
But notice how this breakout failed initially and then we had price come back down, put in three days underneath this declining trend line and then since on uh Thursday put in a nice breakout candle.
Friday confirmed that breakout, but today we did not get a retrace, guys. Sometimes that happens on these breakout retrace plays. They don't retrace. They instead hit the ignition and blast off like ARM did.
Goodness gracious. Big push 17% up on the day, getting itself back into the top 50% of this inclining parallel channel that has contained price back since December of 2024. Now, next key resistance up here at 33604.
We'll see if ARM can put in a daily close above today's candle. If so, that leaves this 50% area at 311.89 as a buying opportunity for continued upward momentum on that chart. Great breakout there on ARM.