0. Notes to follow;
1. AMD has been consolidating for 3 months.
2. $104.55 looks like a great entry for those that missed the run-up after NVDA earnings;
1. AMD has been consolidating for 3 months.
2. $104.55 looks like a great entry for those that missed the run-up after NVDA earnings;
Note
3. We are also in the break down phase of the Inverted Cup & Handle. This is the Pivot at $107.55.4. If you want confirmation of a failed Inverted C&H want close over $110. You should probably LEG-IN instead
5. Also, Sell $100 PUTS would be a good way to make money, or the $105 and get assigned at a major premium, as PUTS are very expensive on AMD after the fall from $132.50
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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.