Bullish Biased on this one with or without the Earnings, but hoping for a template of reference elements to help navigate the journey of the future of this stock. While the path of the Stealth Icons should be self explanatory, the curved lines might not have meaning for the price action in the future but still should provide the broad idea I am looking for in this picture. Hopefully the stock remains in the cup and eventually explodes one way or another out of it above the top gray.
While the bottom gray might not hold in case of a prolonged corrective formation with different wave patterns and design, leading to an encounter with any of the rectangles, I firmly believe there is almost no chance of the price entering the green/blue zone polygon. I might be wrong, but still, it is an element to highlight my vision for this one.
Don't know if this one will prove to be as interesting as the Netflix Project, which is similar in design with the dotted path targets, but still, as usual in nen project, there will be updates, comments, candlestick analysis, bias confession, and more.
If the price does indeed eventually go up, my hope is that somewhere near the gray we might have some more candlestick related price action relative to the top gray. I expect not hectic but impulsive trading days for AMD and potential surprises that might disrupt the flow of the evolution of the price. Looking back on the past activity there are many gaps, many long candles so more of the same could be expected, especially near and after earnings.
While the bottom gray might not hold in case of a prolonged corrective formation with different wave patterns and design, leading to an encounter with any of the rectangles, I firmly believe there is almost no chance of the price entering the green/blue zone polygon. I might be wrong, but still, it is an element to highlight my vision for this one.
Don't know if this one will prove to be as interesting as the Netflix Project, which is similar in design with the dotted path targets, but still, as usual in nen project, there will be updates, comments, candlestick analysis, bias confession, and more.
If the price does indeed eventually go up, my hope is that somewhere near the gray we might have some more candlestick related price action relative to the top gray. I expect not hectic but impulsive trading days for AMD and potential surprises that might disrupt the flow of the evolution of the price. Looking back on the past activity there are many gaps, many long candles so more of the same could be expected, especially near and after earnings.
Bình luận:
Squeezed between the purple and the blue, was expecting a further descent before gathering up the bull forces but it seems the blue never got the chance for a test. Next days will be interesting to see if the price closes above the purple and stays above it.
Bình luận:
Squeezed for days between the blue and purple and currently still flirting with the blue. Best ideal scenario is a decisive break followed by retest and rebound at the purple, but all scenarios are to be considered. Any bullish biased hunters will love buying lower as long as there are signs for the market finding support somewhere.
Bình luận:
Slightly touched the 2 dot icons and with a bull rally today we are back at the purple. Could be the decisive moment but the day is not over, and the prospect of a consolidation under the purple for next trading days should also not be discarded. Best case scenario, this just keep shooting for higher ground.
Bình luận:
Hit on the 3rd icon, but not exactly good news so far, as the stubborn purple curve is proving to provide a tough nut to crack. Nevertheless, still hoping for it to pop before we get to test the potential support of the grey curve. Any hit on another dot above 180 could be considered a success for this project, but the balance between the nvidia market weight needs to shift in AMD favor one way or another.
