pootpoot
Sam Vandersey
:
yes i would think that best case it will overshot to 144 before earnings but sell off back to 140 (just directly at the lower pennant). if earnings impresses, it will break the pennant upwards (chnage of trend to retest 164 first. that being said, theres a crazy load of selling pressure to overcome. that takes alot of time.
jiecheng1314 : looking forward
pootpoot : closing above 20ma theres a possbility. full bullish trend is still 50ma or above.
Sam Vandersey : Ms pootpoot, promising for AMD I suppose.
pootpoot Sam Vandersey : not quite there yet. to me the earliest sign is still reclaiming back 132-133 demand zone. which is still far..
71676398 : Everything has to wait until Monday.
Sam Vandersey pootpoot : we will get there!
pootpoot Sam Vandersey : yes i would think that best case it will overshot to 144 before earnings but sell off back to 140 (just directly at the lower pennant). if earnings impresses, it will break the pennant upwards (chnage of trend to retest 164 first. that being said, theres a crazy load of selling pressure to overcome. that takes alot of time.
Sam Vandersey pootpoot : I like that!