ADVANCED MICDRN forum
AMD Wheezy outta hereNo clue for today, $120 established as a strong reversal zone. AMD will likely play out with other stocks today. NVDA is expected $140 above so look out for out for retest at $123. Enjoy the weekend
AMD yea I'm done trading AMD. This is laughable.AMD how is 121.20 support...AMD ah yes. right on time. the rise on little to no volume.AMD whether you're a bull or a bear you have to admit the price action over the past couple of weeks is super suspectAMD i love how it didn't even fill the gap lmaoAMD imagine all that pullback just for another drop lmfaoAMD Happy New Year to all my fellow traders! Hopefully all us shall prosper with green green accounts this year. For the remainder of this week, I am still aiming for my target at $118 level as no positive catalysts are showing up. Stock's up afterhours, hopefully a small selloff can push us down. Goodluck people!
AMD well... that's a big gap lol
AMD 🩸 Current Price: $120.79 (-1.35%)
The stock is currently in a bearish trend, trading below the 200 EMA and facing selling pressure.
🔥 LucanInvestor’s Commands:
🩸 Resistance: $125.29. A breakout could target $130.
🩸 Support: $120. If broken, expect a decline to $116 and $112.
🔥 LucanInvestor’s Strategy:
🩸 Short: Below $120, target $116 and $112. Use $125 as a stop-loss.
🩸 Long: Above $125, target $130. Ensure confirmation with volume surge.
🩸 Market Context:
The MACD's bearish crossover highlights downside risks. Volume remains below average, indicating a lack of strong buyer support. Earnings in 34 days may add volatility.
👑 "In the face of falling trends, the disciplined strategist seizes opportunities others fear." — LucanInvestor
