$AMD needs to break the big resistance of $104 before it continues its rally back to 106+ no major news so far about the company and its products. Semis dipped after a market shifted its focus to energy stocks. i believe the semis and the tech stocks will continue to pull back, expect more pain until J Powell next meeting. For now, you might want to check out retail stocks and travel stocks.
here's my day trade price target for AMD on FRIDAY 08/12/22.
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For calls; buy above $99.39 and sell at 100.47 or above
For puts, buy below 96.62 and sell at 95.13 or below
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Welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock might possibly go the next day or week play and where I would look for trading opportunities for day trades or scalp play.
If you have any questions or suggestions on which stocks I should analyze, please leave a comment below.
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here's my day trade price target for AMD on FRIDAY 08/12/22.
============================================================
For calls; buy above $99.39 and sell at 100.47 or above
For puts, buy below 96.62 and sell at 95.13 or below
============================================================
Welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock might possibly go the next day or week play and where I would look for trading opportunities for day trades or scalp play.
If you have any questions or suggestions on which stocks I should analyze, please leave a comment below.
If you enjoyed this analysis, I would appreciate it if you smashed that LIKE or BOOST button and maybe consider following my channel.
Trade closed: target reached:
AMD price target reached yesterday congrats to the people caught the move.