Bullish momentum still pushing NVDA up.
I'm reiterating my short position on AMD after confirmation of the bearish Head & Shoulders formation ahead of earnings & downgrade by Barcley's. I would advise that potential buyers beware and stay away until after-hours on July 25th. AMD saw nearly a quarter of its market cap wiped out after what was perceived to be a positive earnings release in Q1 but...
I'm officially closing my previous short position today and going LONG as AMD exits its short-term correction and ends its 7-day loss in what I believe is going to be the last time we'll see AMD trade at this low of a price level for years. The stock is setting up for a dramatic upswing over the next four weeks that surpasses its current bullish trendline and...
AMD is potentially setting up for a bearish head and shoulders formation ahead of its July 25 earnings. Formation will be confirmed upon tomorrow's closing price. AMD's price movement over the past five trading days has been subject to uncharacteristic indecision shown in several successive spinning tops. Its climb was uncharacteristically slow following its...
AMD heading to ~14.6 in next two trading sessions to retest resistance level of primary trend line, then back down to test new support levels at ~12.9 and ~12.4 before uptrend resumes following the second more bullish trendline and likely heading towards new top before upcoming earnings report. I'm currently long after entry last week at 12.5