RSI Never Lies🧠 RSI Never Lies
I believe the RSI indicator, especially on the daily timeframe, is the most powerful signal in the market.
Since the moment I noticed the bearish divergence on Ethereum, the price has dropped over 15%, even touching $3500.
I didn’t do anything special — I’m no fortune teller.
I just listened to my dear friend, RSI.
Now RSI is around 40 on the daily chart, which clearly suggests that the downtrend may continue.
#ETH #Ethereum #RSI #TechnicalAnalysis #TradingView #RMBS
RMBS
Gold’s $4000 Rebound🟡 Gold’s $4000 Rebound
After touching the $4000 support zone, gold has started moving upward toward $4150.
According to the TSD (Trend Strength Detector) indicator, the bearish momentum is weakening, suggesting a potential shift or consolidation phase.
As mentioned in the previous analysis, $4000 remains a strong technical level — both as psychological and structural support.
If buyers maintain control, we could see another attempt toward the $4200–$4250 area in the coming sessions.
💡 This post is for educational purposes only and not financial advice.
#Gold #XAUUSD #TradingView #TSD #TechnicalAnalysis #RMBS #TrendAnalysis
Bitcoin dominance is turning bullishBitcoin dominance is turning bullish on the daily timeframe.
This could mean further downside for altcoins, especially Ethereum.
The RMBS Smart Detector shows an uptrend, but momentum is not strong yet. ⚠️
🧩 Educational only — not financial advice.
#Bitcoin #Altcoins #Ethereum #Crypto #TradingView
Rambus Gains on Wells Fargo CommentsFundamental Analysis
Wells Fargo cast a favorable light on Rambus (NASDAQ: NASDAQ:RMBS ), following encouraging developments from Micron Technology (NASDAQ: NASDAQ:MU ). As a result, Rambus shares surged more than 6% intra-day today.
The focus was on NASDAQ:RMBS 's potential gains from MU's shift to high-volume DDR5 server DIMM shipments and a projected rise in data center revenue in Q1/24.
Wells Fargo noted that MU's positive trajectory in DDR5 server DIMM shipments is a particularly good sign for RMBS. This trend is expected to lead to a robust quarter-over-quarter ramp-up in RMBS's DDR5 chipset sales into 2024. Additionally, MU's anticipation of DDR5 units surpassing DDR4 in the first half of 2024 could signal an Average Selling Price (ASP) increase and a larger market share for RMBS's chipsets.
The pace of DDR4 inventory drawdowns is also highlighted as a crucial factor for RMBS's near-term performance. With expectations of revenue normalization in DDR4 and continued growth in DDR5 sales, analysts suggest a favorable outlook for RMBS.
Wells Fargo reiterated its Overweight rating and $70 price target on Rambus shares.
Technical Analysis
Rambus is in a rising trend channel in the medium long term. This shows that investors over time have bought the stock at higher prices and indicates good development for the company.
The stock is approaching resistance at 69.50 dollar, which may give a negative reaction. However, a break upwards through 69.00 dollar will be a positive signal.
Rambus (RMBS) Is it Worth The Risk?
Price Momentum
RMBS is trading in the middle of its 52-week range and below its 200-day simple moving average. The stock still appears to have some downward momentum which will subsequently precede with an upward trend
Price change
The price of RMBS shares has increased $3.38 since the market last closed. This is a 7.01% rise.
Should You Invest in RMBS?
In terms of earnings estimate revisions for Rambus, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $1.76.
Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term.
Rambus (RMBS) Is it Worth Placing A Bet On?Rambus currently has an average brokerage recommendation (ABR) of 1.00, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by five brokerage firms. An ABR of 1.00 indicates Strong Buy.
While the ABR calls for buying Rambus, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential.
Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation.
Should You Invest in RMBS?
In terms of earnings estimate revisions for Rambus, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $1.76.
Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term.
It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Rambus.
RMBS Entry, Volume, Target, StopEntry: when price clears 68.55
Volume: with daily volume greater than 1.7M
Target: 86 area
Stop: Depending on your risk tolerance; 62.72 gets you 3/1 Risk/Reward.
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
12/12/21 RMBSRambus, Inc. ( NASDAQ:RMBS )
Sector: Electronic Technology (Semiconductors)
Market Capitalization: 3.156B
Current Price: $28.86
Breakout price: $29.30
Buy Zone (Top/Bottom Range): $28.50-$27.00
Price Target: $29.70-$30.20 (1st), $30.70-$31.20 (2nd), $34.40-$35.60 (3rd)
Estimated Duration to Target: 18-19d (1st), 39-41 (2nd), 104-110d (3rd)
Contract of Interest: $RMBS 1/21/22 29c, $RMBS 2/18/22 30c, $RMBS 5/20/22 30c
Trade price as of publish date: $1.20/contract, $1.30/contract, $2.20/contract
RMBS – upward channel, seems ready to breakRMBS – upward channel, seems ready to break
Trade Criteria
Entry Target Criteria- Break of $13.60
Exit Target Criteria- $11.83
Stop Loss Criteria- $14:70
Option $15 May/Jun/Jul Puts
You can check detailed analysis on RMBS in the trading room/ Executive summary link here-
www.youtube.com
Time Span- 13:00"
Trade Status: Pending
We checked further in Thursday Live Trading room (only available to subscribers)
(Note: Trade update is delayed here. To get updated & get new Trade Ideas - Please subscribe to our Newsletter at: acornwealthcorp.com/gold)
RMBS - To short at the break of 11.57RMBS was a good success from our Big one class & it is in the profit tracking area. However, there seems a secondary trade opportunity if it breaks below the support area & breaks below 11.57
We would also consider $12 January puts
You can check our detailed analysis on RMBS in the trading room/ Executive summary link here-
www.youtube.com
Time Span: 5:15 "
Trade Status: Pending
RMBS Potential ShortI have been following this stock for a long time and have made great returns with it. The pattern scheme between the chart and the RSI can be used to predict an upcoming downtrend in the price of RMBS. Once the RSI exceeds 75 the chart bounces as the RSI levels out. This leveling out process takes about 20 bars (1 D) and then drops again. The MACD is also showing bearish signs. Any feedback or suggestions would be greatly appreciated!
Also:
Many of the drawings were done prior to movement in the chart. For example, my prediction of the "Stop Fall" in green was done prior to the chart actually stopping at the line.














