Looking back a year ago you start to see this trend develop. Very unstable at first but, MA200 just went below when it started. Now, more recently, all the ducks seem to be in a row for solid growth over the season. Good momentum too; MACD12 is @ 3.74XX, above the 26 & 9, all positive for upward movement.
The world was going to end on 12/21/2012 (supposedly), and ironically enough $DRAM was stuck at around 2.00 since then. Up until 05/08/2013. I guess it takes that long for them to shake it off, get out of their bunkers, make a deal with $AMD, and pick up the pieces; because it's looking pretty good now that everyone is still alive. MACD is now splitting further...
Looking at an Ichi.Cloud upper indi. with macdee lower indi. Zooming out to see the bigger picture you'll notice its bottomed, and hasn't been this bullish since Sept 2012. If these indi's are any indication for what's coming of $AMD it looks like this summer will be good for the long. Perhaps this growth/rally will trigger growth for $DRAM, or vice-versa....
Using MACD and Ichi.Cloud the future of $CIMT confirms growth. Currently closing within the cloud, it shouldn't be resistant since Convergence Line is above Base Line. Which also shows growth. Only problem is MACD dropping way low after getting out of negative territory. Only time will tell!
Even with the H&S, it's still showing an upward trend. See the 3 supports and attempts to breakout: 2x. But, the bearish engulfment and the spinning top (last 2 consecutive days) worry me. Also the valley from right shoulder. Let's hope this upward trend doesn't reverse, and we can see $11 this summer :)
recent uptrend and explosiveness caught my attention. Although the past 2 days haven't done well, This is what I'm seeing... Definitely position for the long