👺Amd (
AMD) is reversing right now:
🔎Analysis summary:
📝Levels to watch:
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
🔎Analysis summary:
Over the course of the past couple of months, we witnessed a very expected rally on Amd of about +250%. But right now, Amd is retesting a major resistance trendline. If we actually see bearish confirmation in the near future, the next bearmarket will start quite soon.
📝Levels to watch:
$250
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
Trade active
👺Amd (🔎Analysis summary:
Amd is currently still sitting at the previous all time high after some decent volatility recently. So far, the market is clearly not bearish yet but there is a very high chance that we will see a reversal soon. Don't get caught up in all these short term moves.
📝Levels to watch:
$250
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
Trade closed: target reached
👺Amd (🔎Analysis summary:
Being down about -15% this month, Amd is just perfectly rejecting the underlying channel resistance. Yes, we are currently witnessing some clear volatility, but if Amd creates bearish confirmation soon, we will see a major drop of about another -20% lower.
📝Levels to watch:
$250
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
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#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.2K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.2K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Related publications
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.