Amdlong
AMD Approaching Resistance, Potential Drop! AMD is approaching our first resistance at 23.67 (100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 14.63 (horizontal overlap resistance, 61.8%, 76.4% Fiboancci retracement).
Stochastic (34,5,3) is also approaching our first resistance where we might see a corresponding drop in price.
AMD Short-Mid Term Short ScenarioCould short with targets at green area. Or long at the green target areas.
Beware Longing though, this could very likely have much more downside than that green target range. Could go into the mid-low teens. May want to keep a portion of a short running past the target zone.
AMD Long/Short Scenarios, Keeping The Streak Going.My AMD calls have been monstrous for the past couple months so keeping the streak alive.
Long and short scenario. Either could happen.
The levels themselves are best places to enter/exit. But the zones around the groupings of colored levels are also acceptable.
We could hit the green zone, and pop to the orange zone.
If we go below red line at green zone, were likely going to purple zone. If we break the red line, you could short green area with profit targets at purple OR long at purple with profit targets in green/orange.
AMD SHORT TERM BEARISHNESS BEFORE LONGER TERM BULLISHNESSAMD is currently showing heavy amounts of retracement and entering the 0.382 zone. This is typically the bounce off region according to fib theory.
Bullish Points:
- 0.382 fib zone is the bounce off zone typically for most assets
- Bottom of kumo cloud acts as additional support and coincides with fib retracement level of 0.382
- 100 EMA acting as support as well
Resistance levels
Roughly $27 which coincides with upper kumo resistance.
***Any information represented here is my opinion only and not intended to be used for financial gain. None of the information posted here is to be considered financial advice. Information posted here is strictly for entertainment purposes only. Please consult your financial professional before making any kind of investment. Investments can be very risky and any investor should educate themselves before investing by enlisting the help of a licensed financial professional. Past results are not indicative of future results in any construable way.***
AMD - DAILY TREND - 25. SEPTEMBER 2018WELCOME TO DACAPITAL TRADING!!
DAILY STOCK MASTER SIGNAL
1 HOUR
Strong bullish pressure starting
4 HOUR
Sideways consideration zone with bullish wave now
OVERALL
Very bullish market, following this skyrocket
LEVELS
BUY AMD @ 32.70
SL @ 30.84 (180 Pips)
TP OPEN, WE RIDE THE WAVE!
„We will move our SL every day! Be patient!
Enjoy our limited Content and Setups,
leave us a like and Comment!!
AMD - DAILY TREND - 11. SEPTEMBER 2018WELCOME TO DACAPITAL TRADING!!
DAILY STOCK MASTER SIGNAL
1 HOUR
Strong bullish movement after breaking channel
4 HOUR
Small Pullback with an instant bullish reaction
OVERALL
Very bullish with a few small pullbacks
LEVELS
BUY AMD @ 30.10
SL @ 27.35 (270 Pips)
TP OPEN, WE RIDE THE WAVE!
„We will move our SL every day! Be patient!
Enjoy our limited Content and Setups,
leave us a like and Comment!!