Weekly Charts - October
AMD 0.00%↑
Watching this massive falling wedge on the weekly chart. If it can hold over 164, we can look for a move back to the golden fib pocket zone at 187-204. However, if we fall back below 162-164 watch out for continued consolidation in the wedge before that move, which could take us back down towards 124-130 first.
GOOGL 0.00%↑
Potential failed breakdown on weekly here. If it holds 164, should make its way back to the golden pocket fib zone at 174-182. Long setup is void below 157.
Keep reading with a 7-day free trial
Subscribe to JR28 TRADING SUBSTACK to keep reading this post and get 7 days of free access to the full post archives.