Watch These Arm Holdings Price Levels as Stock Jumps on Reported iPhone 16 AI Chip Design
Key TakeawaysShares in Arm Holdings will likely remain in focus on Tuesday after the stock surged yesterday following a report that the iPhone 16 will run on a chip based on the British company’s design. Although the stock has found buying interest this month around the 200-day moving average, it remains susceptible to further selling while trading under the closely-watched 50-day moving average.Investors should monitor key support levels on Arm's chart at $94 and $78, while watching important resistance le ...