$ARM has shown significant upward movement, breaking above its 50-day moving average and holding above its 200-day moving average. Traders have noted that the stock's daily chart indicates a solid breakout, with some suggesting it may continue to rise. As of the latest updates, $ARM was trading at $148.56, prompting traders to consider taking profits while monitoring the stock closely for further developments. Analysts have expressed optimism about the stock's trajectory, indicating that it is currently positioned favorably in the market.