AMD has been flying as China talks came off the front page. Now it is approaching some major resistance zones to watch. This would be a good place for "bad news" to be released soon.
$ 46.60-47.29 "should" have been the top but has extended beyond. $ 48.97-49.41 is immediate resistance that is already showing validity. $ 52.07-52.62 is likely to be hit and likely to push back against price.
There are other zones ABOVE the chart window. Drag PRICE scale DOWN to see other zones above. Drag PRICE scale UP to reduce overlapping numbers.
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See some of my other plots and trade calls below. I also plot Forex and Crypto, take a look at my profile page.
<= still in play
Of course, I have had total FAILS on some ideas too, not going to pretend. But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets. Precision is the way of the Fib. Almost every turn happens at a Fib Line.
Man. I remember looking at AMD when it was under $10 and just thinking about learning stock trading. Should have bought it back then - but then again, hindsight is 20/20, right? :)
EuroMotif
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@Pop-A-Bear, ikr?
If only I would have bought Apple is 1983 :)
Pop-A-Bear
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@EuroMotif, That, Google, Amazon, Sherwin Williams (who would have thought that one would go so high!) My one friend worked for Sherwin Williams all his life and has a good boat-load of company stock. One lucky dude!