PoorMemory

PoorMemory Jun 9

My buy zones are below, as we approach the 1.618 extension this insane wave looks like it may out of steam soon. As a best-guess approach I will wait for the 0.618 price or go look for another stock if that doesn't materialize

PoorMemory Updated  Jun 9

Silver forming a C & H, entry around $32-33 hopefully there will be a pullback

PoorMemory Jun 5

Now that the cup and handle formation has been reached and the correction finished, I think we have 1 more leg up. It's also possible that we fall from here, but I think another fakeout upwards is likely as bearish divergence forms on the month, but isn't quite there yet (RSI needs 1 more higher high to confirm bearish divergence) Either way, my short targets...

PoorMemory Mar 27

Personally I am eyeing below 100 before taking risk

PoorMemory Mar 27

NFA, this is my personal strategy. Looking to the 0.6 for the bounce with a tight SL

PoorMemory Mar 27

AMD has broken out of a long downtrend, I believe there's a good opportunity for entry on the retest for a lower risk long. NFA, this is my personal strategy. On a fundamental level, AMD appears to have had a very successful GPU and 9950X3D launch gaining marketshare from nvidia and intel respectively

PoorMemory Aug 18, 2024

Pretty self explanatory, I think the cup and handle pattern is forming to jump back into the large rising wedge formation. RSI and other indicators point to the rising wedge completed in a large drop on the larger daily scale

PoorMemory Aug 17, 2024

Target 1 is 5800, calculated from taking the height of the cup and handle structure divided by 2, added to the top of the handle inflection point.

PoorMemory Oct 20, 2022

The next logical area of support and a possible target for a rally, based on fib levels and clear activity in the area. This is where the 2020 bull market started, back to square 1. Fundamentals: New AMD GPU's in Q4, new 3D cache CPUs in Q1 2023

PoorMemory Oct 14, 2022

I will continue to play the range as for as long as it holds, there is clearly demand at 18200 area and supply around 20500

PoorMemory Oct 11, 2022

One of the key features of the falling wedge pattern is the volume, which decreases as the channel converges. The volume is NOT decreasing.

PoorMemory Oct 3, 2022

Ascending triangle indicates big volatility for BTC incoming

PoorMemory Updated  Jul 25, 2022

I'm expecting it to retrace to fill the imbalance area (yellow candle) before possibly going much further down

PoorMemory Jul 17, 2022

Look, the recession is going to happen whether you like it or not, deal with it, enough hope, time to be realistic. Now that the permabull hopes are thoroughly crushed, these are the likely support levels to signal a reversal of the downtrend. This latest bear pennant will target the first buy level for DCA.

PoorMemory Jul 8, 2022

When you zoom out it's simpler, this is the previous double top area of AMD. Investors will be looking to protect their growth from falling below one of the last strong support areas so I believe this to be a likely area for a retrace, with the obvious target being the 0.618 line. We must also consider what could bring it down to this price, the July 28th FOMC...

PoorMemory May 30, 2022

According to wyckoff accumulation, we are due for a short retrace then up higher. This could be the beginning of a denial rally. Targets are based on imbalances (Yellow mark by candles), this is more of a general bullish guideline over a specific target road map so I will be longing after this possible retrace and confirmation.

PoorMemory Updated  May 16, 2022

I believe btc will fill the imbalance area and if it breaks the 0.618, further down is likely. This is consistent with liquidations, which I will post in the update. Please, read the updates for possible invalidations and subsequent change of course. Being agile is important, nothing is 100% and as LUNA taught us all, fundamentals do matter as well such as...

PoorMemory Updated  May 9, 2022

Fundamentals: AMD has some bullish news about their new GPU refresh lineup, so I decided to see if the chart matches. On top of that, their quarterly earnings report was very impressive to me. Technicals We have strong bullish divergence forming that I believe will take us to the trendline, if not higher. That is where I will take some profits and see if we...