📊 Technical Analysis (TA):
1. Trend & Structure:
* AMD has shown Break of Structure (BOS), confirming its previous downtrend.
* Change of Character (ChoCH) signals a potential reversal, and buyers are stepping in.
* Key Resistance: ~102-105 (supply zone & call wall)
* Support Zone: ~95-100 (recent demand zone)
2. Indicators Suggesting Strength:
* MACD: Bullish crossover confirms increasing momentum.
* Stochastic RSI: Moving out of oversold territory, supporting further upside.
* Volume Surge: High buying volume indicates accumulation near support.
🔹 GEX & Options Flow:
1. Call Walls (Resistance) 🚧
* 105-107: Strong resistance, where gamma resistance intensifies.
* Above 107: A breakout could lead to further upside.
2. Put Walls (Support) 🛑
* 100: Highest negative NETGEX, acting as a strong bounce level.
* 95-90: Deeper support areas if AMD pulls back.
3. IV Rank & Skew:
* IVR 38, suggesting moderate implied volatility.
* Call positioning at 15%, indicating a shift toward bullish sentiment.
* Put walls remain strong at lower levels, meaning downside hedging is present.
📌 Trading Plan & Suggestions:
* Bullish Breakout Scenario:
* If AMD holds above 100-102, a breakout toward 105-107 is likely.
* Ideal trade: April 105C or 107C, targeting a continuation move.
* Bearish Rejection Scenario:
* If AMD fails to hold 102, expect a retest of 100-95.
* Ideal Put Play: Buy March-April 100P or 95P, targeting a retest of the lows.
⚠️ Key Warning: A strong breakout above 105 could trigger a gamma squeeze to 107+.
🔥 Conclusion: AMD at a Make-or-Break Level – Can Bulls Maintain Momentum?
AMD is testing key resistance, with strong buying volume and bullish indicators forming. If 102-105 holds, we could see further upside, but failure to break could lead to a rejection back toward 95-100. Watch the reaction near 102-105 carefully! 🚀📉
🚨 Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and trade responsibly.
1. Trend & Structure:
* AMD has shown Break of Structure (BOS), confirming its previous downtrend.
* Change of Character (ChoCH) signals a potential reversal, and buyers are stepping in.
* Key Resistance: ~102-105 (supply zone & call wall)
* Support Zone: ~95-100 (recent demand zone)
2. Indicators Suggesting Strength:
* MACD: Bullish crossover confirms increasing momentum.
* Stochastic RSI: Moving out of oversold territory, supporting further upside.
* Volume Surge: High buying volume indicates accumulation near support.
🔹 GEX & Options Flow:
1. Call Walls (Resistance) 🚧
* 105-107: Strong resistance, where gamma resistance intensifies.
* Above 107: A breakout could lead to further upside.
2. Put Walls (Support) 🛑
* 100: Highest negative NETGEX, acting as a strong bounce level.
* 95-90: Deeper support areas if AMD pulls back.
3. IV Rank & Skew:
* IVR 38, suggesting moderate implied volatility.
* Call positioning at 15%, indicating a shift toward bullish sentiment.
* Put walls remain strong at lower levels, meaning downside hedging is present.
📌 Trading Plan & Suggestions:
* Bullish Breakout Scenario:
* If AMD holds above 100-102, a breakout toward 105-107 is likely.
* Ideal trade: April 105C or 107C, targeting a continuation move.
* Bearish Rejection Scenario:
* If AMD fails to hold 102, expect a retest of 100-95.
* Ideal Put Play: Buy March-April 100P or 95P, targeting a retest of the lows.
⚠️ Key Warning: A strong breakout above 105 could trigger a gamma squeeze to 107+.
🔥 Conclusion: AMD at a Make-or-Break Level – Can Bulls Maintain Momentum?
AMD is testing key resistance, with strong buying volume and bullish indicators forming. If 102-105 holds, we could see further upside, but failure to break could lead to a rejection back toward 95-100. Watch the reaction near 102-105 carefully! 🚀📉
🚨 Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and trade responsibly.
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.
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.