tagraf

Speculation on why AMD's price soar upward.

NASDAQ:AMD   Advanced Micro Devices Inc
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There are two trends that intersected each other. Are those reasons why AMD's price are moving upward due to those two given premises?
Could you please elaborate some more on that?
I don't quite get the point you're trying to make.

Cheers
Reply
tagraf Pacorretaco
@Pacorretaco,

This is my superstition approach -- see the two blue arrows where there are two trends. Both of those blue arrows just happen to have an intersection point at 2016/11/16 and $9.25. On the date of 2016/11/11, The price starts to go upward tills today.

As for the "why" the two waves has anything to do with what will goes next afterward -- I have no clue. I have no terminology in physics that may just describe this behavior -- maybe it's a pressure wave that expected to push upward? It's all really due to superstition -- all guess-based.
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