Trend indicates more downside to come, I made a chart on Netflix a year or more ago now saying to buy, I believe this opportunity is over now/soon, we're now getting to a quarterly entry NFLXAMD Not to mention the PE ratio on AMD and many other stocks. Gains to be made.
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From the monthly could easily go to 110 on AMD Eitherway, next year or 2 expecting a lower price in that timeframe.
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Also worth mentioning, Netflix could go to just above 500, maybe mid 500's before the retrace down, eitherway expecting a price in the 100's in the next year or 2. I expect lower over the next 1-2 years in both these stocks.
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I ended up getting short on AMD pre-market the other day at 131.4 and I am short on NVDA from 412.5 Both smashing it, I guess I posted these charts a bit pre-emptively but its based from a 1month - 3 month chart so each candle takes time
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