First of all, I am not a blind fan of AMD. I purchased Intel a few months ago and made a decent profit. But when we zoom into this time period, I perceive AMD as a value investment.
With a greater quarter and approaching 5nm chips, I have huge confidence in AMD as a company. The stock also broke out from the previous resistance and is now holding that level as a...
Not surprising when I graphed out the Fib retracements. Very common .5 level retracement, and I am expecting another bull run in the short term. TP 1.96 unchanged, and remember to check out my previous posts!
(Cost at 1.12 and 0.95)
I firmly believe XCUUSD is performing super similar to XAUUSD back in 2020. Testing the previous highs, breakout, and falls apart. I believe the same thing would probably happen for XCUUSD as well. 4.64532 is in sight, and that should not be a big deal for copper at all. Very obvious H&S, I am aiming for 4.8ish easily.
As cryptos found huge support yesterday, I am seeing all cryptos breaking out from earlier resistances. For XRPUSD specifically, I am aiming for 1.96696, or the previous high on April 11th. Hold your Ripples and to da moon :D
What a violent weekend! We see Ripple jumped and crashed back and forth, but fortunately it found support at .95 once more. I will watch for the 1.2ish resistance line, and let’s see if we can have a breakout!
I labeled out the bold resistance line so it's obvious. The resistance line is playing a significant effect on the USOIL price and looks like it will fall.
And also when you consider the geopolitical situation, higher tax rate + possible higher interest rate + less monetary spending, I will not be surprised at all to see USOIL plunges once more just like in 2020.