It looks to me as if Scape Technologies might be bouncing back up in the next couple of weeks. There is a strong support line (black line). If the price bounce at this line, I will be buying a portion. MACD looks close to giving a buying signal and RSI shows oversold. Bollinger bands seems to tell, we have to experience a small drop in price (first at least). It...
As seen on the indicator: "RSI" Maha has a very clear resistance line. As of today, 29/12/2019, I find it fitting for a potential retracement which also is because of the Fibonacci Retracement 0.618 line causing resistance. MAHA is still in a very strong uptrend with a massive primary trend of about 35%. I expect a rather small retracement without selling my...
I see very clear signs of Maha experiencing a bullish trend the upcoming days. This is due to MACD showing a positive trend, RSI not being extremely overbought as well as a breakout from a long term resistance line.
AMD has experienced a dramatic uptrend, and I believe it is time for a retracement. I believe we will have to go down to the previous Fibonacci Retracement area. This is due to the selling sign on MACD, RSI and the resistance at the fibonacci top.
As seen on the chart Facebook broke out of the shoulder-head-shoulder formation and they touched the latest Fibonacci Retracement line. These are all bullish signs.
AMD has been following my predictions so far, and I expect to see a HH around 42,77 (like the last HH back in 2015) and as Fibonacci Retracement also confirms.
