Man #AMD, looking pretty bottomed out here on the VIX

Man #AMD, looking pretty bottomed out here on the VIX, coinciding with a couple downside Buy Countdowns completed.

**#AMD**
Man, looking pretty bottomed out here on the VIX, coinciding with a couple downside Buy Countdowns completed.
Fisher crossed Bullish right at the Bullish price flip ending the downside TD Sell setup with a completed perfected 8-9'er combo, starting some green candles leaving us currently on a 3 Sell Setup, with the upside TDST resistance newly set at 2696, and only trading currently at about 2066.
DMI has accurately bearish for this long downtrend, and has start coming together to converge most likely in a day or so, which should help confirm some bottoming here and begin some bullish upward movement, pre-confirmed by fisher rising greatly recently, CMF coming up decently, and accum/dist shooting up to midpoint. TD Risk level hasn't been updated in a week or 2, so is still at about 1969, which we broke past a little and are now riding that generally price action zone.
Trading well below EMAs as well makes this look like a really good potential bottom prime for a fresh entry on a position, or perhaps adding/buying down on some bags you may be holding already.

I'd say **entry** now around the 2067 zone would be pretty solid with a little higher risk level however with current market sentiments not necessarily confirming solid growth coming sooner than later, however that is the best time buy at the same time. Conservative entry may hold up a bit for some retrace and continued movement upward for confirmation, but would missing on profit when the come up does take place.

Targets are looking at around 2497 Tenkan yellow line and 26EMA orange line on the chart, and perhaps mid term movement to the 3025 zone and longer to catch the 55EMA, adjusted TDST rsistance calculation and Kijun magenta line at around 3519 zone.

Comment:

LOL I own a tech repair shop for day job... Apparently I had AMD on the brain... AMB*