My technical analysis for AMD and why I am Bearish on the stock My thought process/indicators: Price is re-testing the resistance zone of $90 AMD has been in a downtrend since NOV/2021 Price is rejecting the Parallel Channel TMA-RSI indicator is showing overbought My trading goal (R:S=2,5) Wait for the price to break below the 89.44$ resistance zone Wait...
My technical analysis for NFLX and why I am Bearish on the stock My thought process/indicators: 1. NFLX has been in a downtrend since DEC/2021 2. Price is rejecting the Parallel Channel 3. TMA-RSI indicator is showing potential divergence 4. Weak support zone at 168.05$ My trading goal (R:S=2) 1. Wait for the price to break below "Consolidation" and...
My technical analysis for AAPL and why I am bullish on the stock Substantial support in around the $150.80 zone RSI is in a comfortable area ATR (50D Length) is at low vitality AAPL has been in an up-trend since Jun-16 Price broke through the 200 SMA, pulled back and created a support area (1D, 4h, 2h) My trade will be placed in the 4h time frame after...
My technical analysis for AMC and why I am bullish on the stock Strong support zone between the 15.70$ to 16.10$ area. Since Jun/22/22, we have been on an up-trend. (Creating higher highs / higher lows) Waiting for confirmation pullback to support zone Once the support zone is hit, the next target zone will be the 18.30$ to 19$ area.