$AMD


If $198–EMA21 had been broken, it would have closed the gap, but together with the market it reacted only up to its first averages. It’s one of the names that couldn’t correct, and if that had happened, it would have completed its correction as well. It didn’t. It closed its February 2023 gap in April 2025 using tariffs as an excuse. It came down to that level starting in March 2024 and became one of the most hated stocks.

Why am I explaining this? The market can behave irrationally and continue higher while leaving the gap open, but don’t forget this process, because the north doesn’t forget
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)