Hello traders! with the massive sell off on Friday AMD in on a downward channel into a demand zone. Come Monday morning looking for AMD to rally up the channel and I am targeting $95.50. If it break the channel to the upside my target price is $98. Now on the flip side if this channel does not hold and we continue selling off AMD could sink deep in the $80 range....
This has been a fun stock to day trade which is about to give us an amazing opportunity to absolutely rip. Short term I am expecting BBBY to hit $27 and push to $30 before the bulls come in. Keep this one on your watch list!
Hello fellow traders,
SHOP has been getting rejected at this price point since May 13. If the market continues to trend higher I am looking to see SHOP come down to its $35 support and push through this $40 supply zone. If it fails to hold $35 looking to see SHOP come down to the $31 demand zone. Thank for reading.
