AMD to the moon
several of semiconductors stocks and majority of the market are trading higher amid overall market strength following December CPI. which showed sign of cooling inflation.
AMD is still below 200 moving average. market sentiment is still looking bullish specially with this price range of AMD and other tech stocks company. also, AMD is entering
the squeezer which is could potentially rally.
AMD typical price move is about $2.00 to $4.00
Below is my price level entry and exit for intraday trading or scalp play.
the stock looks extended in 1hr chart. I suggest to wait about 30min to 1hr at the
opening bell before following the stock.
============================================================
For calls; buy above $71.52 and sell at 173.30 or above
For puts, buy below $69.23 and sell at $68.63 or below
============================================================
Bot generated technical analysis:
Last price: 71.00
1st resistance level: 71.0
2nd resistance level: 72.31
1st support level: 69.79
2nd support level: 68.57
Honorable mentions:
WMT technical looks good and momentum still looks solid.
=========================================================
Hi and welcome to this free technical analysis . ( mostly momentum play )
I am going to POST where i look for possibly entry and exit for intraday or scalp for trading.
I will try my best to make the idea short and simple as possible.
If you have any questions or suggestions on which stocks I should analyze, please leave a comment below.
If you enjoyed this analysis, I would appreciate it if you smashed that LIKE or BOOST button and maybe consider following my page.
AMD is still below 200 moving average. market sentiment is still looking bullish specially with this price range of AMD and other tech stocks company. also, AMD is entering the squeezer which is could potentially rally.
AMD typical price move is about $2.00 to $4.00Below is my price level entry and exit for intraday trading or scalp play.
the stock looks extended in 1hr chart. I suggest to wait about 30min to 1hr at the
opening bell before following the stock.
============================================================
For calls; buy above $71.52 and sell at 173.30 or above
For puts, buy below $69.23 and sell at $68.63 or below
============================================================
Bot generated technical analysis:
Last price: 71.00
1st resistance level: 71.0
2nd resistance level: 72.31
1st support level: 69.79
2nd support level: 68.57
Honorable mentions:
WMT technical looks good and momentum still looks solid.=========================================================
Hi and welcome to this free technical analysis . ( mostly momentum play )
I am going to POST where i look for possibly entry and exit for intraday or scalp for trading.
I will try my best to make the idea short and simple as possible.
If you have any questions or suggestions on which stocks I should analyze, please leave a comment below.
If you enjoyed this analysis, I would appreciate it if you smashed that LIKE or BOOST button and maybe consider following my page.
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.
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.