🤬Amd (
AMD) can still drop another -30%:
🔎Analysis summary:
📝Levels to watch:
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
🔎Analysis summary:
2025 has been an incredible - yet expected - year for Amd. And now, Amd is literally just perfectly rejecting the overall resistance trendline. Looking at higher timeframe structure, Amd is still not done with the drop and can correct another -20% to -30% soon.
📝Levels to watch:
$175
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
Trade active
🤬Amd (🔎Analysis summary:
During the end of 2025, Amd finally retested the major upper resistance trendline. We already saw an expected correction of about -30% after bearish confirmation. And looking at higher timeframe structure, this correction is still not over at all.
📝Levels to watch:
$175
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
Trade closed: target reached
🤬Amd (🔎Analysis summary:
After Amd retested the resistance trendline, we already witnessed a move of about -30%. But looking at the recent bullish price action, Amd is starting to shift bullish again. Quite likely that Amd will now once again retest resistance with a rally of +20%.
📝Levels to watch:
$175 and $300
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
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#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.2K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.2K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Related publications
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.