BallCash

Mar 3, 2020 10:05 PM

AMD Bearish Short

Advanced Micro Devices, Inc.NASDAQ

Description

⋅ Mar 3, 2020 10:05 PM

Here are what I believe are key support areas and trendlines of AMD. IF AMD can not hold key support around 35$ it has the potential to fall to significant levels of 75%

Like and comment if this helps or you agree

Trade active

⋅ Mar 9, 2020 1:22 PM

headed towards 41 support

Trade closed: target reached

⋅ Mar 12, 2020 6:24 PM

now below the target and hoovering around 41$

Comment

⋅ Mar 16, 2020 1:44 PM

Still on track with the break down

Comment

⋅ Mar 16, 2020 3:06 PM

If we close abovve 42 today expect a bounce to 45 i would think

Comments

rmtg

⋅ Mar 4, 2020 10:39 PM

$50 at close? Up from here?

BallCash

⋅ Mar 4, 2020 11:06 PM

@rmtg, Time will tell! We will see how tomorrow shapes out. If it goes past $52.5 id say yes

BallCash

⋅ Mar 4, 2020 11:08 PM

@rmtg, AMD would most likely have to fill those gaps before continuing upwards

TrinityAlex

⋅ Mar 4, 2020 8:15 AM

In my opinion there is no way it will drop below $35. Maybe a meteorite strike at TSMC, or the new coming of the plague.

BallCash

⋅ Mar 16, 2020 1:44 PM

@TrinityAlex, welcome to the new plague.

TrinityAlex

⋅ Mar 16, 2020 2:54 PM

@BallCash, run for your lives!!!

BallCash

⋅ Mar 16, 2020 2:58 PM

@TrinityAlex, hide yo kids, hide yo wife.

TrinityAlex

⋅ Mar 16, 2020 3:00 PM

@BallCash, Wow, I forgot about this analysis, you are SPOT ON! Congrats!

BallCash

⋅ Mar 16, 2020 3:02 PM

@TrinityAlex, Thanks :)

beatjunkie74

⋅ Mar 4, 2020 6:41 AM

Do you use fib retracements to help with this support? or just a trend line support? just trying to learn so would help to understand more