If yall have been sleeping on $AMD, please get woke. This chart is showing strength like we saw in 2019/2020 1YR technicals plus fundamentals (beat revenue by 200% Q4) are a sweet slow cookin recipe for YUUGE growth in 2020. Check out this article on why $AMD is better than $INTEL just based on hardware patent....
Here's an update from the last GJ post. Still short & it's looking like the pattern is playing out. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s and Forex. Hence each trade setup might have different hold times, entry or exit conditions and...
Still bullish on AMD. Expect it to turn soon . Want it to stay above ~74
Target ~110 to 120 for this move. I like the move off the bottom so far and waiting for a wave 2. Expecting a little lower right now. More bearish under ~79
👨💻 AMD has been making advances in technology, earnings, and pure bullish price action on the whole. Despite some consolidation recently and the chance of more consolidation in the near-term, we still see upside potential for this titan of chips. Support. The S1 bullish S/R flip is a key support level for the bulls. Although rejection at this level could lead...
NASDAQ:AMD stuck between the long time trendline and recently formed resistance at 42.50. Today, the market closed at 42.30, but the price bounced multiple times during this week from mentioned above resistance, so let's see what is going to happen when the market will open tomorrow. The trendline corresponding with a high VPVR's volume node and this is the...
Generally stock is oversold on RSI , and about to get positive divergence on MACD. It's all depends on earnings. Holding cheap mid apr exp calls, about to add more if things are going to get interesting. Tight stop loss. Stock is sitting on significant support /resistance so if it slips - it will slump hard -10/-20$. So obviously earnings is a trade direction...
The purpose of my post is not to teach anyone this method nor prove its success - I don't have the time. I am simply throwing out a bone to 99% of people on here whose thinking is limited to individual trend lines and patterns. These have their place however they are not the full story. Anchor points are almost always the low before a run and the top of the bull...
There is a Bat on key structure , good oportunity to jump on trend
There is a quite good opportunity on AUDUSD
Hi everyone its clear in the chart that usdjpy is in a rising wedge. You could see a clear divergence on RSI i didnt have time earlier to post a great enrty with high ratio you could still take the trade with ratio around 3 take profit could be on 108 and SL could be on 109.580 Remember not to risk more than 3% of your capital and take trades with ratio higher...
Trading is hard work - But no one wants to hear that it is hard work. Everyone wants a short cut. A short cut does not exist. If it did - everyone would use it and the market would cease to exist. Everyone who starts out trading is lured in by the profit potential. You might get lucky and make a quick buck. But over time you soon realize that trading is a...
We have just completed the D leg aggressive entry for a cypher on the GBPUSD. I am aiming to take target 1 at 1:1 and then leave half position on to hit target 2. There is a lot of news to come for this pair over the next few days so trade carefully. We trade pure technicals here. Price isnt yet at extremes so you may want to wait to see how price reacts at...
On the macro timeframes, the 3.2 stdev on the 50 period acts as a hard brick wall for price action. While price volatility may be high, I do recommend layering into an entry here.
An excellent trade with an insane profit ratio! Tell me what you think of the thought process in the comments.
Some resistance and confusion... enjoy! Cheers, Keops
Wait for confirmation within the red box. Take profits at .382 and .618 price extreme. Stops shall be ATR based once an entry reason is given inside the zone. Pattern is invalidated if it exceeds red box