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JLS

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Alias Born 12/14/2004

JLS

Re: None

Friday, 09/13/2019 4:22:39 PM

Friday, September 13, 2019 4:22:39 PM

Post# of 97484
What I like and don't like:

What I like: AMD isn't a wimp today, and is at least just above its bottom (fourth) fork tine.

What I don't like: AMD is barely hanging in there, just above its bottom (fourth) fork tine.

But if it starts to trade lower as the market will eventually turn lower after making a new high (assuming today's high isn't good enough), then AMD's chance of going higher is probably equivalent to that of a snowball in hell.

Homey don't draw 5-tine rising forks. If AMD trades back below its fourth tine, it'll be time to draw a downward-pointing fork.

In fact, I think I'll go to my sandbox and play with drawing a down fork for AMD. You know, just in case ...

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