AMD triple topped, it's now below 200, 100, 50 MA their GPUs had been out of stock for months but are now back into stock. AMD will tell you crypto was a small part of their revenue and gamers will finally be able to buy GPUs. I believe they're underestimating the impact it had. In October you could buy a mid level Radeon 580 for $280, in January they were out...
SmartSand Inc beat earnings estimates for Q4 2017 but a sell off is continuing from highs of $10. Watch for a double bottom and reversal of the downtrend. Watch for MFI to become oversold and keep an eye on other energy sector stocks as well as oil price, price per barrel should be $60+.
Hi friends, this is my first idea I'm publishing on trading view. It is my view that bitcoin is setting up for another downward capitulation before returning to normalcy, this process will take a few weeks to run itself out.
The first big resistance will be around ~$7200, I'd think we bounce here and float around for a bit before falling through the previous low...
