$AMD Bullish call buying coupled with cup and handle
Hard to ignore the non stop call buying today mostly for 10/8 and 10/15 OPEX.. various strikes
From a Technical perspective, AMD appears to be making a cup handle pattern, I also really like the volume shelf support around $105, break of this invalidates trade.
Entered long starter position at the close (higher risk) .
An idea would be to wait for a break of handle (mid risk) or a break of the dotted line at about $114.44 (lowest risk) for various risk / reward entries.
First Target is the depth of the cup, or $121 for this idea.
From a Technical perspective, AMD appears to be making a cup handle pattern, I also really like the volume shelf support around $105, break of this invalidates trade.
Entered long starter position at the close (higher risk) .
An idea would be to wait for a break of handle (mid risk) or a break of the dotted line at about $114.44 (lowest risk) for various risk / reward entries.
First Target is the depth of the cup, or $121 for this idea.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.