ISTJ
70620572
:
based on the pre-market selloff it already felt back to the prev trading range. hope everything recovers during the RTH. It seems the bleeding is slowing down
70620572
ISTJ
:
as u see, if amd corrects to 160, structure is destroyed and it will not stop at 160 and recent price actions makes it extremely hard for amd to go back to up trend. for example stock A goes from 100 to 150, and you want it to go back to 100 to buy, but stock A is not going to do the 100 to 150 again just because last time it did.
70620572 : then that would be a failed breakout and it's not gonna stop going down
ISTJ 70620572 : based on the pre-market selloff it already felt back to the prev trading range. hope everything recovers during the RTH. It seems the bleeding is slowing down
70620572 ISTJ : as u see, if amd corrects to 160, structure is destroyed and it will not stop at 160 and recent price actions makes it extremely hard for amd to go back to up trend. for example stock A goes from 100 to 150, and you want it to go back to 100 to buy, but stock A is not going to do the 100 to 150 again just because last time it did.