Interpretation of the technical trends in the US stock market
First of all, let's talk about the recent general view, with technology stocks retreating and small cap stocks taking the lead. Those who watch my interpretation videos every day will know that I don't like to speak ambiguously, I only talk about stocks that can be invested in.
1. Speculative stocks are an opportunity.
Last week, I've been hyping up GameStop. Of course, it didn't take off, and there was some retracement, but I still think it's about to take off here:
The reason is, after the CD indicator signaled a bottom-fishing opportunity, the probability of the blue ladder rising above the yellow ladder is high, and now that it has retraced, it's a good opportunity:
(as stated in the previous pictureBuy lowis a CD indicator by default
Let's talk about MU, I bought in at the bottom before, and agreed not to sell unless the candlestick chart breaks the lower edge of the blue ladder:
(as stated in the previous picturesell和Buy lowis a CD indicator by default
Buy immediately and hold without breaking, sell if it breaks, only a 2-point loss.
Speaking of AMD $Advanced Micro Devices (AMD.US)$ Wait for a bottoming out before making a move:
In addition, $Intel (INTC.US)$ Intel is the same:
In my interpretation video last week, I have reminded everyone more than once that the CD indicators for chip stocks have collectively shown a sell signal, so those who bought before should take their profits and leave. There's no such thing as holding on forever in stock trading. Taking one step at a time is our daily approach, because we don't have the insight of Buffett or Duan Yongping, and cannot determine the trend a year from now.
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102962635 : how to get the ladder indicator? can't find it in moomoo
Riseup06 : Am I asking for advice too?
Riseup06 : Can you tell me how to combine them?
胡說八道修行者 102962635 : Very expensive