Here it goes.
Yes, some of yall might see this and say "uh yeah crazy analysis, you just drawn up all the possible scenarios" since all the market can do is go up, down or consolidate.
Well, no.
This is about expected behaviour and bias.
As long as we are inside the top box, following the yellow line I'd trade rotations from the extremes.
If we break below, following the red line, I'd expect our next stop to be between 152-174.
This is where I would fill spot bags, get calls, whatever. It's a great zone for accumulation.
If we break, following the green line, above I'd continue to be long. Keep an eye on the macro-economics. Especially deals with China and the further progression of Companies like Moore Threads pose a threat to
NVDA and AMD.
Same with the TPUs from $GOOG.
Anyways, that's just my two cents.
Happy Trading.
Yes, some of yall might see this and say "uh yeah crazy analysis, you just drawn up all the possible scenarios" since all the market can do is go up, down or consolidate.
Well, no.
This is about expected behaviour and bias.
As long as we are inside the top box, following the yellow line I'd trade rotations from the extremes.
If we break below, following the red line, I'd expect our next stop to be between 152-174.
This is where I would fill spot bags, get calls, whatever. It's a great zone for accumulation.
If we break, following the green line, above I'd continue to be long. Keep an eye on the macro-economics. Especially deals with China and the further progression of Companies like Moore Threads pose a threat to
NVDA and AMD. Same with the TPUs from $GOOG.
Anyways, that's just my two cents.
Happy Trading.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.