Hi Investors our next stop is the fantastic company Advanced Micro Devices. Currently the stock had a tremendeous year, and afterward took a very bad beating , which pushed the price to it's current level which is a strong support at the moment. From a technical perspective is the strong support should attract a lot of buyers at this stage to push our boundries to some of our targets.Additionally the RSI is quite low so I can see an ascending channel formulating. Fundamentals : AMD has seen impressive growth, driven by it's competetive produts liek Ry zen and EPYC processors, which have gained significant market share. The company's focus on innovation in areas liek data centers AI and high performance computing positions it well for future and stable growth ahead. Their strong financial performance and continuied makret expansion makes AMD a promising investment in the tech sector. Entry already active I have bought 1,000 shares at : 129.50$ Target 1: 144.09$ Target 2: 159.85$ Target 3: 174.89$ Target 4: 191.01$ (If we have enough buying power to cross / break the Strong resistance level at 174.89$, but I will confirm nor deny once we get close to that area if we would be able to acquire the final target) As always my friends happy trading! P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
Spy going down I marked price action out perfectly using lower time frames to trade and higher time frames to predict the moves. I then react. I use back past events trades.
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see how the price declined inside the downward channel, where it fell to the seller zone, which coincided with the resistance level. Then price fell to this level and then rebounded and in a short time rose to 1.0935 points, exiting from the channel and making a first gap. Then Euro turned around and started to decline inside a downward pennant, where it soon broke the 1.0760 level and then tried to back up, but failed and continued to decline. In a short time, the Euro dropped to the 1.0485 level, which coincided with the buyer zone, broke it, and fell to the support line of the pennant. Then it turned around and quickly rose to the resistance line of the pennant pattern, making a second gap and breaking the 1.0485 level one more time. After this, the price turned around and fell from the resistance line to the support level, where it continues to trade very close to this day. In my mind, the Euro can rise to the resistance line of the pennant and then rebound down, thereby exiting from this pattern and breaking the support level. After this movement, I think that the price will continue to decline, so, I set my TP at 1.0350 points. Please share this idea with your friends and click Boost ?
It looks to we are in a decending channel and could take weeks to play out
NASDAQ:OM Price Action Update ? Despite the -25% dip, smart traders capitalized on the $3-3.5 zone, proving once again why dips are opportunities in strong narratives. RWA narratives remain rock solid for the long game. Volatility is just part of the ride.? #MANTRA #DeFi #CryptoNews #Binance
Trend is up Trend is oversold Highee timeframe is up It has made a double bottom This trade would is a high probability set up
Important Gold Update The US Dollar Index (DXY) remains range-bound between 105.722 and 106.843, maintaining a bullish outlook. Meanwhile, gold prices temporarily continue to benefit from ongoing geopolitical uncertainties and signals of global monetary easing, especially from China. However, with the DXY gaining bullish momentum, gold may soon face downward pressure. Stay informed: News is noise, charts are facts.
You can see here on the daily chart how propy hit the exact target of this 4hr chart inverse head and shoulders pattern of $1.93 and then instantly corrected and has now corrected enough to reset the daily stochrsi indicator just in time for its golden cross. Having price action be this close to the 50 and 200mas at the time of the cross is almost always a good sign that the cross will be sustained and validated as well. If so once price action climbs above the horizontal brown line and flips it to solidified support then the next target should be 2.76. That target then places us above the green trendline which will lead eventually to another breakout validation with an even bigger breakout target but we will focus more on that one once we get there. For now the focus is on breaking above the brown trendline and sustaining the golden cross. *not financial advice*
there is a change in market structure from 15 min,also there is liquidity to the upside.pullback and we are looking for longs
Cryptocurrency exchanges across Europe, including Coinbase Europe, Coinbase Germany, and Coinbase Custody International, are set to delist several stablecoins