AMD crossed below EMA lines after a good upward run. It has moneyflow divergence. Now it seems testing its overhead resistance from beneath, and we think it will fail to cross above & decline from here. * Trade Criteria * Date first found- March 8, 2017 Pattern/Why-Upward channel breakdown Entry Target Criteria- Break of $12.96 Exit Target Criteria-...
So as said, correction is coming. 5th wave unfolded as ending diagonal. Explosive break out of lower of the diagonal. Short position can be taken. Price above 14.5 would be nasty but still valid until 17.45. 23.5% of stop loss for a 56.8% profit 2.4 R/R ratio. It is nice move but big percent of potential loss. Key points to follow: break the lower trend of the...
AMD overbought. Late feb/early march it had its first impulse move down after a 700% run up over the past year. Time for a correction. Waiting to see how high this correction moves up, then when it starts to come back down, great short opp. Target 11.00
AMD regained more than 50% of its early day losses! Resistance lines =blue Support lines =red Volume is low (according to cup-pattern)!
lets see if abandoned baby plays out (First time seeing it ever) looks like it may be a simple ABC correction, both highs were divergent bars. popped up monday to enter the bearish order block and open below today.
AMD is showing some great downside signals. - Textbook head and shoulders pattern. - Abandoned baby candlestick pattern. Depending on your risk tolerance, enter short now or wait for break of neckline. Either way it's a great short play.
These are the reasons, I'm going after AMD. --- Ryzen AMD Ryzen is a pretty good processor and very affordable compared to Intel chips. And the problems around the chip is getting fixed and OSes and games will support it's 8 core architecture. Intel Another point is, Intel has more priority over "AMD" because it's going to go into self-driving car...
long ideer for AMD, used bat pattern and fibonacci, tp is at 0.886 retrace think it will go higher tho but for short therm i think i might be quick profit, as AMD seems to be in a strong up trend.
Nice "Gap"! Probably another Wave 1 and 2" So the best is yet to come... Resolution: 1 Minute bars!
AMD +8% on Xetra, early morning trading on Monday 03/13/17 Probably "Runaway gap" in early trading in US!
AMD +8% on Xetra, early morning trading on Monday 03/13/17 Probably "Runaway gap" in early trading in US!
AMD held support between the range of 12.41 and 12.93 . After hitting these prices we saw a strong rejection to the down side and the price bounced up . Many saw this sell off as a great buying opportunity due to the fact that AMD has been in a uptrend since early last year. According to my research it is still a good time to buy AMD as it has not yet...
Finally, allmost all gaps of the last sessions are closed! No "Head & Shoulders" pattern (Look at the Volume!)
AMD correction seems to be over: It has been an "Expanded Flat or WXY in Wave 2 (Time frame: Minute).