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[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/1"][vc_column_text]Technical Observations
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/1"][vc_column_text]With the GBP now significantly weaker post Brexit-vote and US equity markets at record highs, UK companies could be ripe for the picking. Who could be next?
Finally, could further M&A help take the UK's UK 100 blue chip index back towards all-time highs 7100?[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/1"][vc_column_text]
[/vc_column_text][vc_column_text]Given the huge move on ARM shares this morning, all broker target prices are now cosiderably below current levels. Will shares track back towards the average, providing a short opportunity, or will the brokers swiftly upgrade their target prices and look for even more upside?
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Stock description
ARM Holdings designs processors, data engines, peripherals, software, and tools. The Group's solutions are used in a variety of applications, including in the automotive, consumer entertainment, digital imaging, mass storage, networking, security, and wireless industries.(UK 100 )
**Source: Company Press releases, Bloomberg.com
[/vc_column_text][vc_column_text]Share 1wk 1m 3m 1yr 2yr 3yr 4yr 5yr
Perf % 45.6 74.4 71.7 67.2 104 87.3 246.5 201.5[/vc_column_text][/vc_column][/vc_row]
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