AMD

22/11 Analysis : AMD
Monthly
1. Strong uptrend ( above 20MA)
2. Buying support (S) at 74.23, current candle have to close above 88.72 to confirm buy (+volume). The current candle is green and close near the high
3. Rebound from 50% Fibonacci retracement

Weekly
1. Strong uptrend (above 20MA)
2. Prices making higher low into resistance (87)
3. Volatility decreasing
4. KC midline getting close to 20MA and sloping upwards
5. Bulls strength comes in slowly

Daily
1. Strong uptrend (above 20MA)
2. What is the relationship between volume and the size of the candle's real body?
For example
21/10 and 20/11 have about the same volume
21/10 : O-C (2.52) bigger real body
20/11 : O-C (0.64) smaller real body
3. MA20 almost cross above MA50

Hourly
1. Strong uptrend (above 20MA)
2. Buying support comes from 38.2% Fibonacci retracement (84.43)

Trading Plan
R : First resistance at around 85.77, however there's another resistance at around 87. The path of least resistance is when it breaks 87, breaks 88.68 and it will fly to 92
S :
EP : BO resistance of 87 with volume
Risk : (EP-SL)
TP 1 : (EP + risk) : 92
TP 2 : (EP +2risk) :