Rug about to be pulled from underneath $AMD - Target ~ $75
Updated
I believe I've spotted a very obvious sign of weakness per Wyckoff distribution theory in AMD. Price target is $75. I do not have a time horizon but let's just say when the rest of the market sells off, I have an idea of where 
AMD is going.
Full disclosure, I'm not a profitable trader and I'm relatively new to trading. But my best trades/entries have been during the times I've been fortunate enough to spot this setup--signs of weakness in a Wyckoff distribution.
Price target is based on previous failure whereAMD failed to make a lower low.
Good luck and happy trading!
AMD is going.Full disclosure, I'm not a profitable trader and I'm relatively new to trading. But my best trades/entries have been during the times I've been fortunate enough to spot this setup--signs of weakness in a Wyckoff distribution.
Price target is based on previous failure where
AMD failed to make a lower low.Good luck and happy trading!
Comment
I would look for an entry as close to $108 as possible. Depending on how generous the market is in the coming weeks.
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.