pootpoot
commented on a stock · Nov 27, 2024 01:05
$Advanced Micro Devices (AMD.US)$ continuation of declinign ...
$Advanced Micro Devices (AMD.US)$ continuation of declinign channel, we can find ourselves as low as 128. any rebound tomorrow im getting long term puts ![]()
. SOXL, all other semicons are at their bearish channel too. RIP semicons 2024.
![$Advanced Micro Devices (AMD.US)$ continuation of declinign channel, we can find ourselves as low as 128. any rebound tomorrow im getting long term puts [Sob]. ...](https://sgsnsimg.moomoo.com/sns_client_feed/103591576/20241127/6e551ea76bc9417418175366c2512bef.png/big?area=101&is_public=true)
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70825143 : The trend lines are all nonsense; you can also draw an upward channel
KQ to the moon 70825143 : Yes, draw however you want.
ひな☆彡 SOXL ♡ : You could also make an argument that this has retraced back to middle Bollinger band and it will reverse soon
ひな☆彡 SOXL ♡ : Interesting how you are going for long term puts, that’s pretty much saying that semiconductor cycle is over, maybe
pootpoot OP ひな☆彡 SOXL ♡ : puts isn't used entirely for shorting. also as a form of hedge.
pootpoot OP ひな☆彡 SOXL ♡ : that's true too. I would want to agree further if that giant red candle gapped up during closing
ひな☆彡 SOXL ♡ pootpoot OP : Yeah I didn’t think you have any Soxl that’s why
pootpoot OP ひな☆彡 SOXL ♡ : yep I don't. I usually only see soxl, soxs and other semicons to determine where it may go