As long as the WEEKLY chart closes WITHIN the channel I will consider my setup VALID.
I will consider this setup INVALIDATED, IF weekly candle closes BELOW the channel support.
Side Notes to consider: All lower timeframes ranging from 1hr to 3day are heavily OVERSOLD.
The 5D printed a Doji INSIDE the channel. This gives us optimism that trade is still active and intact. Will continue to hold down here for the potential run up until further notice. Cheers!
with that said, buyers have stepped in here at support printing a nice reversal candle. INTC looking good so far and going as planned.
Being a computer geek, and having done tons of research to build PCs myself, AMD is well known to be the best for multitasking operations.
Intel, not so much. Considering the new work from home dynamic, people need better desktops and laptops to handle having many applications open at once. They're new 3k ryzen line is well known for great performance and being much cheaper than its lesser intel counterparts.
Considering the way Intel also pushed back their dev and how far ahead AMD is in that aspect, plus the added benefit of AMD growing into the graphics card market, I think its not hard to see. Intel is struggling to keep up
almost 20 years later, here we are again.