Badun
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The untrained eye might not see much in what happened across US financial markets on Thursday. The day started off in a sort of "sleep" mode. Many traders, even those that had not taken on a light holiday week schedule, still had candy canes dancing in their heads early on and it stayed that way until well into the afternoon. At the headline level, equities did not do much, but did manage to post a very slight "down" day, which broke the winning streak for these indices...
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Badun
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$Advanced Micro Devices (AMD.US)$ 104 then 87-91, then 50-56
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![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined"){kind=small}
Is there any reason to be pessimistic?
Badun
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$Advanced Micro Devices (AMD.US)$ as i have shared weekly chart... if it closes 133.6 or above then i would think that it as a possible reversal. (8ma on weekly chart). why... because AMD is on a bearish trend and it never closed on or above 8ma before. (reclaiming ma is sign of gaining momentum).
personally im still gonna watch at the sidelines because SPY is around the previous rejection zone.. so unless theres huge catalyst exclusively for AMD or SPY is able to break previous rejection area.....
personally im still gonna watch at the sidelines because SPY is around the previous rejection zone.. so unless theres huge catalyst exclusively for AMD or SPY is able to break previous rejection area.....
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Badun
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$Tesla (TSLA.US)$ - Wish everyone have a blessed and wonderful Christmas.
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Badun
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$NVIDIA (NVDA.US)$ Exit the day trading position, keep some long-term positions for the Chinese New Year, accidentally turn into a long position.![]()
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Badun
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$Advanced Micro Devices (AMD.US)$ in order for any slightest sign of reversal, amd have to hold 121 dollars and close above this week. because losing 121 will be 114 next and which I have highlighted numerous times losing the final defence of 114 (weekly chart 200ma) may result in the full decline pattern.
personally I'm not longer averaging or adding shares anymore. my cost is at 132. Just gonna wait it out with my CC till earnings. I would want to see if spy would form a head and shoulders (m...
personally I'm not longer averaging or adding shares anymore. my cost is at 132. Just gonna wait it out with my CC till earnings. I would want to see if spy would form a head and shoulders (m...
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Badun
liked and commented on
$Apple (AAPL.US)$ Just published an article and a thread on why I think AAPL is very overvalued
https://x.com/Damclue6/status/1870150589491097898
https://x.com/Damclue6/status/1870150589491097898
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Badun
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$Advanced Micro Devices (AMD.US)$
6 more weekly candles towards earnings. how do u think it will be like?
my guess is that best case this can only go around 138. (theres gap between 136-138). i used to think that it will be like previous earnings where amd actually stick to the upper pennant before earnings.
but whats different this time is that it broke below the pennant which i think best case it will come back to the lower pennant (where cathie topped up) before earnings.
previously i wa...
6 more weekly candles towards earnings. how do u think it will be like?
my guess is that best case this can only go around 138. (theres gap between 136-138). i used to think that it will be like previous earnings where amd actually stick to the upper pennant before earnings.
but whats different this time is that it broke below the pennant which i think best case it will come back to the lower pennant (where cathie topped up) before earnings.
previously i wa...
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Badun
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Winners beat losers at the NYSE on Thursday by a rough 2 to 1 and at the Nasdaq by about 4 to 3. Advancing volume took a 39.7% share of composite NYSE-listed trade and a 46.3% share of composite Nasdaq-listed trade. However, aggregate trading volume receded from Wednesday's levels for names domiciled at both exchanges. As stocks generally moved sideways. You kids get where I am going with this?
With today being a triple witching event and also the final trading day ahead of...
With today being a triple witching event and also the final trading day ahead of...
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Badun
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$Alphabet-A (GOOGL.US)$ At the current stage, there will definitely be a big fluctuation before the close, just wait quietly.
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