AMD watch $93.59-94.47: Key resistance to Tariff Recovery wave

487
AMD trying to recover along with the general chip sector.
Currently testing a key resistance zone at $93.59-94.47
Pullback from here expectable, Break would show strength.

Trade active
Breakout under way?
snapshot
(yellow shaded area is from posting time).

.

Zoom in (m5) for a closer look at the PA
snapshot
We had very clean Reactions on the fibs,
but then came a sloppy bounce off lower bound.

.

So cautiously bullish right now.
Might get a retest of top bound at $94.47

====================================================

.
Trade closed: target reached
BOOM chugga lugga
snapshot
(yellow shaded area is from posting time).

Perfect Covid fib to Covid fib (dashed move).
Closed 50% of position, might add on dips.

======================================================

.

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.