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AMD D1: 35% CORRECTION TP HIT CONGRATS(SL/TP)(STOCKS/RECAP)

Short
NASDAQ:AMD   Advanced Micro Devices Inc
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AMD D1: 35% CORRECTION TP HIT CONGRATS(SL/TP)(STOCKS/RECAP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: AMD H2 chart review and outlook
::: TP HIT already congrats
::: original setup posted July 26th
::: review original setup via link below
::: maxed out already
::: Currently DISTRIBUTION almost completed
::: we broke down on heavy volume
::: this is NASTY looking chart
::: BAD for the BULLS / stay out
::: FED rate hikes incoming / FED PUT is GONE
::: short sell rips/rallies in the throwback move
::: expecting backtest of the recent Distribution Range
::: recommended strategy: SHORT IT / STAY OUT
::: up to 35% correction still possible from here
::: fair value for Amd is 55/60 USD
::: DO NOT BUY/HOLD here this is NOT A DIP
::: This is stock market meltdown in progress
::: be careful / don't get ran over by the FED
🔸 Supply/Demand Zones
. N/A

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