Short

AMD Put Swing Idea 8/22 - jtgladiator

Updated

AMD has got a couple inside candles on the weekly. With Fridays close in the red we have a 22 Reversal AND looking for a revstrat on the weekly to the downside. Could go green but I like it short.

Call swing idea:
101c > 99.25 - if price reverses here then grab 95p

Put Swing Idea:
94p < 94.59 to swing for 8/26
85p to swing for 9/2 or even 9/16 - buy time. Price can reverse here so grab calls if it does.

MY live Chart -
https://www.tradingview.com/chart/OXhofdXS/

Trade active

First Price Target met @ 93.50

I got in 9/16 AMD 85p @ 1.52

Note

Still holding this bad boy. Currently 1.92

I am swinging it all the way to close. if it goes 100% real fast ill take profits and then maybe look for another entry.

Note

this hit my first PT and is well on its way to the second PT at 90.56

The hourly candle is an outside candle so a reversal here might be a thing.

Ill take profits if it is and enter on the next reversal to the downside

Staying in it until confirmed reversal

ApeManDan

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