based on AM 200 days and the 15-20 channel, it's reasonable to buy long in that purple zone. of course, this title can be triggered by news about USPS or others orders for its truck, but yet, that $15 can be a very good entry point considering it could be 3rd hit to $15 support, and also a good accumulation point.
the trend is selling, the volume is rising, so it is confirming the trend, plus we had a "pull up". I do not consider SFT a good stock now, based on the chart. I used the weekly chart since the daily was more confusing, as u can see here anyway, I did not look into the fundamentals.
ok, we had a divergence in the chart, in the two tops. now I expect the price to go all the way up to 40 on Friday of the next week (4th December?). It's based on a fact that I have seen happening quite a lot on the RSI divergences in the past 3 months. we will see. Anyway, I'm not in since it's still risky, more than usual trading as I consider it total...
previous trend line represent now support at $71+ (blue line) at the moment, there is the yellow line at $74 as flat support, and then trend that AMD broke up some time ago. the $35B acquisition represents 1/3 of AMD market cap ($105B), and because of that, the market is now scared of it. I'm still in, waiting for a bounce on $74 or $72/71, and since the years...
earnings come out better than expected. the price lost 4% probably because of the XLNX acquisition for $34B (it's not gonna be made by pure cash, but AMD stock going to XLNX) I think the price can reach $74, but I'm not betting on it. at the moment I'm staying in it LONG. the EPS, thanks to the Q3 net earnings of $501M, went to 113 from 160, losing more than...
it went up till 2000 btw. the chart explains everything IMHO, but freely ask in the comments
compared to the previous time, the earnings are too close, so I would expect the price to NOT touch again the $74 line. if the earnings do not push the price up, I expect the price to remain just a bit up the $74 level.
in the chart, I can see the triangle, and today's movement might be a trick to be an uptrend in the following two days, making it go uptrend. what I expect --> 20th (tomorrow) might stay under the 82.40 lever. MAYBE 21th should go up and break the triangle uptrend. the earning are expected to be 3x the last time, if it's true, (and I'm not wrong), the PE should...
AMD long, considering only the chart. in the long term should be considered news and when "trump joined the chat" too.
waiting for 312+ today. Red = out Green = in analysis based on chart and earnings expectations.
that was weird kinda worried about going 280, but the RSI might not support that low. mid-term the same for now, I'll get worried if it close under 300 (orange support line) Red = out Green = in
Red = out Green = in I'm not expecting bad earnings, maybe good enough to boost price over the top resistance.
well well, it was fun, if u were only watching and not in.