cenario 1: a bullish trend after a flag pattern, Target range: 152-165
Scenario 2: a cup and handle pattern(not a classic one): target price 145-160
Scenario 3: a bullish regression channel (-3,+3)
Scenario 4: A possible Bull trap (crossing above previous resistance) + Down Volume Phenomenon in the past 8 days!
* Down Volume phenomenon: Price increase + volume decrease!
If you are looking at the past 10 days, you see the buddy of the handles become smaller in comparison to the days between Oct 7-Nov 11.
Conclusion:
I think it is highly probable that AMD could form Top formation between 155-160 price range!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Scenario 2: a cup and handle pattern(not a classic one): target price 145-160
Scenario 3: a bullish regression channel (-3,+3)
Scenario 4: A possible Bull trap (crossing above previous resistance) + Down Volume Phenomenon in the past 8 days!
* Down Volume phenomenon: Price increase + volume decrease!
If you are looking at the past 10 days, you see the buddy of the handles become smaller in comparison to the days between Oct 7-Nov 11.
Conclusion:
I think it is highly probable that AMD could form Top formation between 155-160 price range!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Comment:
I wish people do reviews on their comments..!