AMD recently hit resistance at $100 and has dropped significantly. 1/29/2021 95/100 Call spread ahead of earnings is the play here. I'm waiting for a further pullback with PT of $100.
I apologize for the lack luster chart, Im new to publishing and just wanted this idea out there.
4-month long cup, bottom @ $31 , 1-month long handle @$44.50 = PT of $57 (38,2 FR) , $52 would also be a good exit (50% FR)
The usual way to define exit with CH is to find the difference between the bottom of the cup and the start of the handle. In this case its...
