Long on AMD
Updated
Chart pattern along with price action/ candlestick momentum, indicates to me this can be a bullish entry. AMD looks stable. Implied volatility is reading 47.5% from my broker IB. I will be looking to buy a credit spread at the open, to exit before Earnings as a safety/ risk management measure.
Note
Prove me wrong.
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.