1. An asymmetric bullish/bearish pennant is drawn using ascending and descending curved trend lines with a minimum of three price action touche points per line. The direction is determined by the previous trend.
2. The angle tool is applied from the earliest two trend touch points, beginning at the earliest touch point.
3. A trend-based ...
I see a retest of 19.18 on the fib chart. The bottom bollinger band is showing 19.59 on the one hour chart. Right now, the bollinger bands are separating giving us a sign that it could drop. With the markets with high volitily, and the FED speaking Wednesday I would be careful how you play this one.
1. Target 19.59
Hi Guys! Look for this upward channel usually this chart pattern is a continuation for the downside and not for upside.
If I have to take this trade I will take it from 26 to have a better RISK:REWARD
To have a high probality on this trade we need to see price action that show buyers aren't in control of the market,you can use oscillators to help you (MACD ...
Channel in the short term
Bearish flag medium term
MACD showing negative biased price consolidation before breakout/breakdown
Stoch heading for oversold territory with neutral biased
Insider selling CEO, SVP and other on a rampage since...
Note gap to fill 4/25/18 $10.10
Ride her down baby!!!
R/R 7.14 $$$$$$$$$$$$$
Pretty straightforward. Here's what I just posted on Seeking Alpha:
"MU -- extremely oversold conditions. Yesterday before the close, went long the 10/26/2018 40.00 Call (up 42%).
AMD -- extremely overbought conditions, just went go long the 10/26/18 $31.00 Puts (up 16.6%)"
Just look at the RSI levels for each. To ...
Hey everyone, after a thorough analysis of AMD, I have concluded that a 40% motive wave is on its way, sending the price from 18.73 all the way down to at least 11.21 but don't be surprised if it hits 8.00! I would strongly suggest laddering out of the position to maximize your profit since an exact target has not been determined.
I am so certain of this move ...
I've been playing the AMD run up from $20 to $32 with Call options, Shorted $32 because if you look at the weekly, its a trendline from the 1990s, and closed my Puts around $16 because it was a fib level. This chart plays like a cryptocurrency except that it's easier.
Out of curiosity I looked at a few "short interest" indicators and lo and behold, most of the ...
An update to my original AMD post
We know the semiconductor space is very cyclical, and coming off the back of a number of poor earnings ($MU, $NVDA) it's possible we could see a large slowdown in the space. Tradewar concerns seem to hit these stocks hard, especially due to overseas ...
AMD closed on $21.30 on Friday 30/11/2018 - on a volume of 80.9 mil vs a daily average of 109.4 mil with 1.5 mil shares traded after hours.
Key price points
Currently Pivot point sits on $21.06 with the first resistance sitting on $21.38 a break of this will move AMD towards $21.58 $21.90 $22.44 $22.56.
Below the pivot point of $21.06 will be supports at ...
FANGs and technology companies could see an additional 20~30% drop as the inflated pressures of pricing expectations deflate.
Technology, much like the 1999 DOT COM bubble, have been inflated over the past 2+ as foreign capital capital has rushed into the US market for safety and security. This recent rotation could be the beginning of a deeper price rotation in ...
Crypto Crusader here with another analysis
I've been following AMD for a long time now, it seems that this semiconductor is running out of steam to continue its momentum, the path of least resistance is down. Don't catch that falling knife, its not worth it. An evening star pattern forms when you have a large green candle, followed by a small bodied candle that ...