RobinsOptions

AMD 3-2 up on the week, potential PMG

Long
RobinsOptions Updated   
BATS:AMD   Advanced Micro Devices Inc
Outside week (once a 3 always a 3), follow through with a 2 up on the weekly.

Pivot Machine Gun (PMG) potential up North.

As long as it's green on the week, month and quarter Long it is.

Beware: green, but still inside (1) on the month and quarter.

Shooting for 120-130 area towards the end of the year, let's see how it plays out.
Comment:
See how things can change. That's why it's important to always keep in mind: IF THIS THEN THAT.... (ELSE....) They did bring another 2u on the week, but it failed. Meaning, the 2u week couldn't close above previous week's high, which gives AMD a weaker look now. Target on the downside IF it continues: 99.17

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.