AMD Best Level to BUY/HOLD 300% gains SWING TRADE

evvelsi gün

🔸Hello traders, today let's review recent price chart for AMD.
Well defined swings in progress, expecting further downside before
the tide finally turns for AMD bulls. Currently it's recommended to stay out.

🔸AMD is trailing behind NVDA massively, so eventually AMD will to the
mean reversion trade and start to catch up with NVDA, however currently
pullback/correction mode in progress.

🔸Well defined swings - 160 to 58 65% correction, then 58 to 210 280% gains,
210 to 75 represents 65% correction, 75 to 290 is a 280% pump.

🔸Recommended strategy bulls: Bulls wait for correction to complete at/near 75 usd in January 2025 and get ready to BUY/HOLD low, this is a swing trade setup, so will take longer to hit target, patience required. final TP is 290 USD, 280% upside off the expected lows. good luck traders!

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21 saat önce

Not

dump in progress as expected

20 saat önce

Not

SPX 2025 Strategic Outlook 7150 points Wave Five Bull Market