AMD
AMD had a good run into the earnings season however
news is that with the expected or present recession
semiconductors as a subsector will fall a bit heading
into the third quarter.
The chart shows buy order blocks as a support are
far less than sell order blocks.
The MACD , a lagging indicator, shows the K/D
lines crossing over the histogram.
My idea is to take a call option contract for
a strike 5% below the present price.
Setting a stop loss at 10% of the option price
taking profit when the AMD stock approaches
above the closest buy order block at about
$ 98.45.
Do you have call options to suggest?