$Advanced Micro Devices (AMD.US)$ everytime 2 green candles ...

Investor A : cause you PUT

韭菜变主力 : Am I seeing the shape of a double bottom?

pootpoot OP Houlee Syed : uh ok.. could u enlighten me more specficically based on charts or any time frames ?

pootpoot OP 韭菜变主力 : hourly i do see that but. daily its just due to oversold rsi buy backs. as long as it doenst break 133.5 (declining channel). i dont see how is this a reversal yet. even out of declining channel isnt a 100% reversal..

pootpoot OP Houlee Syed : i wish u are right too. but i think first of all it have to break the declining channel hourly 133.5. (previously there was 2 fake breakouts amd had too). so that is why im very skeptical. but one thing for sure i felt after this whole tax issue is over for 2024. beginning of 2025 people will start looking closely at AMD metrics.. i think there is where the real reversal will start. and typically most semicons bullrun usually average about 1 month (especially with the ER closing end of jan.)

韭菜变主力 pootpoot OP : It was actually not a double bottom, because it couldn’t go above 127-127.7