if you zoom out to the weekly chart, that this is still not bearish because we are not hitting the previous low of Oct 2022, still bullish 🐂
I still think that we can wait a little more because the pull back I think is not completed. based on the previous major pull back, it did hit the 250MA on weekly chart, which is currently around 105.
Again, I recommend you guys to zoom out once again.
that 105 I just mentioned was actually at the top ceiling of the red Ichimoku Cloud (last time it did bounce back at that cloud), and based on those views that it is not surprising that this major pull back has not been completed and I think we can wait a little longer.
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ひな☆彡 SOXL(Bull)
OP
TerribleInvestor
:
So you think that AMD has reversed at the previous top and now is totally bearish? Idk about that man. This is where the fundamental comes in, with all PE was quite overvalued etc I guess its just pull back. If it dropped down below 90 then you might wanna actually stay away from this….
TerribleInvestor : do you think this rebound is but a bull trap? atleast until it fully dips to 90s?
ひな☆彡 SOXL(Bull) OP TerribleInvestor : So you think that AMD has reversed at the previous top and now is totally bearish? Idk about that man. This is where the fundamental comes in, with all PE was quite overvalued etc I guess its just pull back.
If it dropped down below 90 then you might wanna actually stay away from this….
TerribleInvestor ひな☆彡 SOXL(Bull) OP : We’ll see what happen in the next few months
101782047 : It will fly in January 2025