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 @ 93.50I got in 9/16 AMD 85p @ 1.52
Note
Still holding this bad boy. Currently 1.92I 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 90.56The 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
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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.