IM welcome everyone in this Telegram chat, i like to hear ideas of another people, them vision, idea,. here can share some news, charts screenshots, informations about technical analysis, some news, and crypt
Sometimes I use Bollinger Bands on another indicator. It can be strange, but what is BB?
Upper and Lower channel of Standart Deviation or someone calls it "another volatility". One formula for any instruments. Also, in my strategy, I use Accumulation/Distribution, and I add an indicator on an indicator to see the full picture of what's going on. And now AMD A/D...
Everyone when seeing strong indicator signal, start to be like "Deer in front of the headlights". There sale signal, but market climb up day after day. AMD didn't shock with last earnings report, because of EPS and Revenue it's almost 1:1 in estimate range.
But open at +4%, max +6%, and close at -2%. Crypto mining rash is gone last years, and we saw it, so AMD...
Decentralized exchanges and hand-to-hand sales cant give full picture of crypto business. But do similar exercise just for "FUN", can find something what reflects market feeling about BTC.
This is weekly chart, and 11-18 Dec was triumph of BTC, with over 20,000$ for 1. How many thousands people bought it there,?, how many sold.? But after that BTC go down,.
Hard sale pressure on MU, -45% form May. Not bad earning report, not bad fundamental ratios, but have problems in margin and price of memory components using for develop product. Next year can be more hard if company cant find out how to make money based on technology and supply price which they use now.
May open gap down and buy-back, or continue down to 50$. Fundamentally company cant be under 50$. But Huawei use Snapdragon CPU, and last news can make negative effect on future sale of new Snapdragon 855.