dynasty2059

Big Breakout Coming Soon

Long
dynasty2059 Updated   
NASDAQ:AMD   Advanced Micro Devices Inc
AMD looks like it is coiling up for a major breakout to the upside. My target if this pattern plays out is $170 to a new all time high.

My plan falls apart is the support at 100 is broken, if that happens my target to the downside is $80
Comment:
not really going my way but I'm not bailing just yet. I added some puts to hedge and will cut the calls if we keep dropping, it didn't seem to want to drop much after it broke below support today.
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.