If AMD can't hold above $108, then I see it back-testing $106, from there that could be a good entry for calls.
You could use $104 as your stop loss from $106 entry, although I see AMD getting bought up and not going any lower than 104-106, 104 would be the bottom if it broke down from the 106 level.
A break below 104 could result in a back test to 100, then 95 if buyers don't step in.
Above 106 AMD can test 110,112, then 118.
I wouldn't trade weeklies on it at the moment, Aug 20th/27th calls would probably be the safest option in my opinion.
You could use $104 as your stop loss from $106 entry, although I see AMD getting bought up and not going any lower than 104-106, 104 would be the bottom if it broke down from the 106 level.
A break below 104 could result in a back test to 100, then 95 if buyers don't step in.
Above 106 AMD can test 110,112, then 118.
I wouldn't trade weeklies on it at the moment, Aug 20th/27th calls would probably be the safest option in my opinion.
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.
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.