l_ynch

l_ynch Updated 

As per my last idea, TSLA indeed turns out to be overbought and entered into a correction. High RSI and narrowing trend lines was our friend. Even with a relatively good Q2 report. Performing my own diligence again and found to be corroborating with several others by chance; 240 ish will be a good point to look out. From the perspective of last highest support,...

l_ynch Updated 

MACD appears to indicate overbought sentiments are coming down. Charts show that approx 10 calendar days is likely to have AMD to retest the last previous high at about 103 on 21 March. With 200 day/week crossing, it does look like AMD will setup for a bull run eventually.

l_ynch

MSFT appears to be setting up for a bull run even though it is already exceptionally expensive PE. Regardless of fundamentals such as its massive investment in AI/chatCPT and formidable challenges against Google with its Bing platform, etc Similar to AMD, MSFT is experiencing negative MACD signals which suggest a relative good buying opportunity is coming ahead,...

l_ynch

Trend reversal in the making? Significant overbought territory and having crossed both MA 200 days and weeks.