iSovereign

hefty chonk go nuh-night 😴

NASDAQ:AMD   Advanced Micro Devices Inc
summary:
1.) Bear div between PA and DMI
2.) VA on VPVR an POC is downside
3.) Monthly ATR extended to the upside

AMD has provided a fat run on the monthly, from L @ 99.85 to H @ 121.56 AMD is at roughly 117% of 1M atr all to the upside.
dmi shows waning buy pressure, visible on 1d and 4h.
pa started dipping below fast moving 1d hma on the 18th and despite hh's on pa, di+ on 4h is curling down.
pa now below both hma's on 4h with a pending bear x on both dmi and hma, next cycles on 1d also bearish.

watch for passive range downside between s1 / s2 with targets 117.68 / 116.05 / 113.82
break below of 114 on 1d opens range to s3 with targets 108.25 / 106.25

VA on net vol since last earnings, between roughly 111 and 103, with POC @ 106
200 hma @ 111 on 1d and 108 on 4h.

all targets noted are above POC on net vol since last earnings

did i say crash? no i didnt.
dip is a gift.
relax.


appreciate the risk.
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