We recently saw a huge big green candle and then gapped down on Friday. Both of which retested the top of the wedge and failed to get over. That itself lends to bearish sentiment and is a bearish move in the making. While the green candles look bullish, the price action has yet to get back over the top of the wedge and until it does, the price emphasizes a bearish...
DBX 1D I DBX is breaking out from a possible bull flag on the daily after rumors that it was approached a month ago in attempts to be acquired by another company. LIT 1D I Energy stocks and lithium stocks in general have been overperforming the market for the past two weeks. Watching for a breakout from this downtrend. AMD 1D I AMD is forming a possible bear...
A case of the higher lows in effect here. As long as the $99 region holds, we can see $110-$120 next The next buy zone is the $100-102 region. If $99 fails., we go back to retest the $91-$93 region.
AMD is approaching the resistance zone $114 - $115. This zone acted as both support and resistance before. Price action tends to move sideways around a significant level. Looking left. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
$AMZN drops significantly after missing the ER a few weeks ago and it gets worse with the market pulling back, taking the amazon down below the 100MA. based on technical indicators; Amazon is in the oversold position and its almost safe to say its a buying opportunity for everyone. especially with the upcoming split in few days. the split will probably draw some...
I believe AMD is showing positive signs of strength. AMD has taken a beating with the rest of the market and has come down to a major support level at about $86. It has tested this level twice and bounced away from it forming a signature "W" pattern. Should the pattern play out, the projected target is twice the length of the middle hump. The level is calculated...
is this tiker good for trading? i think they are jump from support, what do you think?
AMD on the daily chart and weekly chart showing a falling wedge pattern. It is also resisting the trendline. It needs to break out of the pattern with high volume is currently missing. On the fib time cycle, it is in the third phase cycle and will take another month to break the pattern. On unconventional rsi it is resisting and going down it is suitable for...
Trade Proposal: There is a probability of first tp to the proposed ( 125 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals. Technical analysis: AMD Waiting for the Range Bound and the beginning of the Ascension Trend.
Advanced Micro Devices Short Term - We look to Buy at 95.03 (stop at 83.57) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. The trend of higher lows is located at 90.43. This is positive for sentiment and the uptrend has potential to return. We look to buy dips. Further upside is expected. Our profit...
Despite market weakness, AMD has been holding and battling the psychological $100 level. Also, I can see that a possible symmetrical triangle (a little wonky) black lines. My plan into tomorrow is watching the direction of this move. Upside scenario: Above $93.83 would long it targeting $96 and above that $100 Downside scenario: I would wait to see if price will...
Compressions patterns are an important one to watch for in sideways action like a bottom formation. These form as buyers gain dominance over sellers. I'd like a tighter consolidation to develop at the current resistance for lower risk for entry on the breakout.
-Looking to take AMD up to 104.30 with a solid pullback
Short-term support levels $75-85 Gray zone range $34-64 Resistance levels $142-164 Like and Share
A bearish swing trade? Bouncing of EMA10. Target is 1.2x
As we see AMD breaking out a major resistance within the rising wedge, we could expect it to keep rising and hitting resistance around the circled area on the resistance trend line of the rising wedge. On the RSI, it also shows AMD has been continuing on a uptrend channel thus showing it has already hit support and its ready to move upwards.
It is an established fact that price usually makes a RETEST to the protected Demand or Supply zone regarded as Institutional Order Flow (IOF). So it is critical for every price action trader to WAIT for a Return to Order (RTO) . But this doesn't mean that price must hit the POI at all times. They are others factors that may like to cause price reaction off...