AMD
AMD has got a couple inside candles on the weekly. With Fridays close in the red we have a 22 Reversal AND looking for a revstrat on the weekly to the downside. Could go green but I like it short.
Call swing idea:
101c > 99.25 - if price reverses here then grab 95p
Put Swing Idea:
94p < 94.59 to swing for 8/26
85p to swing for 9/2 or even 9/16 - buy time. Price can reverse here so grab calls if it does.
MY live Chart -
https://www.tradingview.com/chart/OXhofdXS/
AMD has got a couple inside candles on the weekly. With Fridays close in the red we have a 22 Reversal AND looking for a revstrat on the weekly to the downside. Could go green but I like it short.
Call swing idea:
101c > 99.25 - if price reverses here then grab 95p
Put Swing Idea:
94p < 94.59 to swing for 8/26
85p to swing for 9/2 or even 9/16 - buy time. Price can reverse here so grab calls if it does.
MY live Chart -
https://www.tradingview.com/chart/OXhofdXS/
Trade active:
First Price Target met @ 93.50
I got in 9/16 AMD 85p @ 1.52
I got in 9/16 AMD 85p @ 1.52
Comment:
this hit my first PT and is well on its way to the second PT at 90.56
The hourly candle is an outside candle so a reversal here might be a thing.
Ill take profits if it is and enter on the next reversal to the downside
Staying in it until confirmed reversal
The hourly candle is an outside candle so a reversal here might be a thing.
Ill take profits if it is and enter on the next reversal to the downside
Staying in it until confirmed reversal
I am swinging it all the way to close. if it goes 100% real fast ill take profits and then maybe look for another entry.