AMD has show'n declining volume peaks since its major gap on mar 24, which signals that the excitement and activity has fallen, leading to a potential reversal in price, divergence with various oscillators (On the graph TRIX) are also presents and support the hypothesis of a reversal. Could the major gap be filled ? thats another question.
The reversal points indicators (an old indicator i posted long ago) however don't predict a reversal at the moment but could in the future.
When i fight with numbers or not so well behaved scripts, i like making analysis, but i'am learning you know ? Leave your comments if you see flaws in my analysis.
The reversal points indicators (an old indicator i posted long ago) however don't predict a reversal at the moment but could in the future.
When i fight with numbers or not so well behaved scripts, i like making analysis, but i'am learning you know ? Leave your comments if you see flaws in my analysis.
Check out the indicators we are making at luxalgo: www.tradingview.com/u/LuxAlgo/