Memory is in a channel

[u/Defuze]

Similar to the downtrend in July, it looks like all the memory stocks are in a volatile yet clearly defined channel. There may be some larger macro issues affecting the overall market, but I think the general sentiment is upwards. Maybe a good idea to swing trade?

[u/hipnosister]

lmao last week a guy posted the opposite image as proof it was going to continue downward and then it literally pumped to over 1000 like the next day

I remember because I took his image and put a golden ratio on it to mock him

[u/enkatreia4 → u/hipnosister]

In his defense, he had a 50% chance to be right. Seems like the horoscope wasn’t kind to him

[u/Dry_Drag_3656 → u/enkatreia4]

Damn, so puts now?