Chart posted 7-26-2021 approx 12:07pm ET. AMD has shown excellent pattern buildup.. the MACRO here is a shark pattern that developed a bearish shark- both of these are extremely bullish esp. when the bearish plays out off the bullish pattern. Expect high rises and sharp dips, but ultimate profit target around 105-108.00. Highly recommended to set a good stop on this- not to thin and not too deep. ATR may help with this. I entered at 92.00 on this trade. Stop is around 89.60
Trade active
Just realized 1 day before earnings report so the harmonic indicators are giving early indication of good reports.Trade closed manually
Note
Not liking price direction and market open. This needs further researchTrade active
Got back in at 89.89... lets see if we can rally back up!Note
Strong resistance and GAnn line at 93.. this may play much better as a strong short.Note
Got a good short on the opening candle- reversal has it back upside. tricky trade today- looks to be through resistance on long side now.Note
LETS GO AMD!Trade closed: target reached
Target reached today at 105.Note
Look for ultimate top at 109.00 this was the high side of the original call.. low side was 105. PeaceNote
AMD making push to high call point noted at 108 and 109. Be very careful around this price range. There is another pattern forming, and it could very well drop back down harshly.
Moorsc0de aka Crypt0nomics aka Zaphkiel
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.
Moorsc0de aka Crypt0nomics aka Zaphkiel
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.