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Wajeeh Khan

FORGOTTEN HISTORY: Arm stock just entered overbought territory is it too late to chase the rally here - The Untold Story

AGI Simon Leopold AI Arm Holdings

Arm Holdings (ARM) shares are ripping higher this morning after the chip design firm announced its first-ever in-house artificial intelligence (AI) chip, the “AGI” central processing unit (CPU). 

This monumental rally pushed ARM’s relative strength index (14-day) into the late 70s, suggesting the SoftBank (SFTBY)-owned company is now “overbought” and may be due for a breather.  

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