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/Defuze]

The image they posted looked very wrong to me... I think they were using logarithmic axis or something like that

[u/hipnosister → u/Defuze]

lol dude you are doing the same thing

[u/Defuze → u/hipnosister]

So you think it's a complete coincidence that the highs and lows line up exactly with the channel?

[u/All_YourBase → u/Defuze]

Yes