Tuesday I had $AMD bouncing off the half-fill of its weekly gap. Looked clean.
Friday it closed $528.75. Under the whole $560β582 gap.
-12.7% from Tuesday's close in 3 sessions π«
Levels hold until they don't. Now $560 is the ceiling.
Can't always be right π€·πΎββοΈ
$QQQ just had its worst week since April 2025.
The last 3 times it dropped 5%+ in a week, the next week closed green.
All 3.
Small sample. I'll take it.
Crude closed at $99.04 tonight.
Up 9% this week. 96 cents from $100.
Ships are moving through the Hormuz again.
But insurance is what's driving the rise.
Taco Tuesday anyone?
@EdgeReport91 my goal for csps is to lockup capital and get in at a good price
i think of them as CDs
I either get a really good return or I get a really good price
@azrael_options fair, no catalyst yet. but it closed at 592 on sep 2 and ran 31% in 3 weeks. going back to 600 isn't a crazy call, it's a round trip π
everyone talking about meta's "breakout" doesn't see the bigger picture
its been trading in this same channel for 2 YEARS
And the way it's looking, I doubt we'll see it actually break out to $800.
The S&P: +66%
$LULU : -81%
Same stretch. One was an index fund.
The other was a lot of people's whole equity package.
Believing in where you work doesn't mean betting your net worth on it.