Just to follow up my long term ideas on AMD / NFLX
Here is a prime example on a lower timeframe to show what happens in these situations on PEPE the "memecoin" now of course you could argue its fundamentals are terrible and thats the reason it crashed, but a chart looks the same no matter the fundamentals, the odds usually play out, nothing guaranteed but I will play the odds every single time.
I think it is quite possible to have a rejection around the 110 area on AMD.
This area had failed to be held and will go back to retest.
WHOOPS - I FORGOT TO ADD THE LINE AT THE MONTHLY CANDLE, but im sure you can see why I am looking for 110 roughly before downside. Could very well just drop from here though.
Here is a prime example on a lower timeframe to show what happens in these situations on PEPE the "memecoin" now of course you could argue its fundamentals are terrible and thats the reason it crashed, but a chart looks the same no matter the fundamentals, the odds usually play out, nothing guaranteed but I will play the odds every single time.
I think it is quite possible to have a rejection around the 110 area on AMD.
This area had failed to be held and will go back to retest.
WHOOPS - I FORGOT TO ADD THE LINE AT THE MONTHLY CANDLE, but im sure you can see why I am looking for 110 roughly before downside. Could very well just drop from here though.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.