AMD: Waiting for 98.80 to buy
Based on FIB Levels and short term bearish market bias, I am looking for AMD to drop to at least 98.80 before starting a long position. 98.80 represents the FIB golden pocket and at the FVG #1 gap fill. It may drop to the .7 FIB level and FVG #2, I would consider DCA on the position. STOP EXIT if it goes below around 88
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.