AMD looks very interesting for me. Here are my thoughts:
This stock has been creating a base, a solid one and has defeated the loss after their earnings report. The uptrend looks solid since March 19th.
The daily chart shows a great momentum with the price going higher. An RSI of 55 and above the 20, 50, 100, 200 SMAs.
I do think the price should be in the...
THIS IS AN AMAZING PATTERN,A CUP PATTERN. THE MOST IMPORTANT THING ABOUT THIS PATTERN IS THE DURATION. FROM THE SECOND HALF OF 2011 TO SECOND HALF OF 2020. 9 YEARS. BEAUTIFUL WEEKLY CHART
It is so beautiful to see the price action fitting so well the fibonacci levels, the last level of the scale is exactly at the open of July 13 and sooo close to the highest high of July 21.
The futures are falling hard after the decision of President Trump to ban travel from Europe. We may have a falling tomorrow about 4-5 percent or even more. You should be thinking: Why should I start buying?.
Well,first of all you need to control your risk, at this moment you can make a lot of money if you repect risk.
You can use the SPX as an indicator to start...
The futures are falling hard after the decision of President Trump to ban travel from Europe. We may have a falling tomorrow about 4-5 percent or even more. You should be thinking: Why should I start buying?.
Well,first of all you need to control your risk, at this moment you can make a lot of money if you repect risk.
You can use the SPX as an indicator to...
I decided to go with the weekly chart because the daily chart has become so tricky and noisy. I have seen so many people trying to convince other to buy FedEx even when the stock has an amazing strength in the downside. However, Fedex is a company with a long history and that makes most of people that it has to go up soon or later, well that's not the best...
NYSE:BABA
Alibaba developing a triangle pattern about to end. This action presents great opportunities for buying or selling. On the one hand, the support of China and the United States for markets in general raises the odds for an upward trend for the market in general. On the other hand, the coronavirus, despite being of little relevance to the markets, can...
The analyst of Canaccord, Tony Dwyer has a target,( updated) of 3420 for the sp500, the target seems reasonable with the behavior of the markets, the support from the Fed, and the momentum. Anyway, the same analyst has a neutral sentiment, because he sees a overextended market. His target called my atention because I have a target of 3428.75.
There are plenty...
