AMD downtrend is almost broken!

boost and follow for more 🔥

we are one green day away from finally breaking that local trend resistance, short covering and buying pressure may return if we get the breakout this week!

look for 120s short term, if the major trend resistance breaks then 150-170 comes very quick 🎯 also look at the RSI and what AMD did after it hit this RSI level last time...

ok now im done for today see y'all soon with more ✌️

Trade active

this yellow trendline is important, we need to hold that and local support today, if it does and market likes what powell says. then AMD can bounce to a trend resistance breakout

Note

short trap below support from open then reclaim, bears are really in trouble if we have a bullish reaction to powells talk today.. i smell a finish to the week around 115-120.. 🤫🚀

Trade closed: target reached

trimmed 25% of my calls added this morning for well over 100% in profits, i added on the reclaim of pink support zone. i only trimmed some because they expire friday and its a risky swing play

i do think AMD can easily cross 110+ into friday, what a trade though. and very simple and not emotional, added calls on reclaim of support. let powell and market decide the direction with my sell button ready to go incase market didnt like the reaction.

this is my updated 1 minute chart and last chart of today, bye

Note

got bored this morning and did chart on my AMD for fun lol, oh and sold some more calls for 200% profit. looking at next weeks calls depending on the price action this morning

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