Thursday, May 28, 2020

Ron K: What 2 Stocks I am Watching for Trading ?



I shot this video on May 26 when I first observe some bearish signals in AMD. Soon later that night and subsequently on May 27th, AMD was down with 2 long red bars immediately as the sellers took control and sold shares. Facebook was at all time high with the past 2 days of selling taking place. Because of the recently positive or new business model in Facebook, there is a chance that this stock might even trended higher in future but that's long term investments.


The key now is not about buying/selling but rather waiting patiently for great signals in Facebook before hitting the button. As for AMD, it was so timely spot on and the stock just suffered heavy dropped for 2 days after I shot the video. My question to all of you is both AMD and Micron are in the semi chip conductor sector. Why did Micron popped up and rebounded 8% while AMD suffered heavy selling for 2 days? Can you see something obvious?

Ronald K - Market Psychologist - A Stock Market Opportunist