Good Morning Traders & Investors!
I wanted us to take a look at AMD since it has now formed bullish market structure.
We see AMD break out of its descending price channel, above our Monthly level of 78.64
Not only is it testing our Monthy level as support, our Descending price channel (previously diagonal resistance), BUT also our 1.618 fib Extenson Level!
What would I like to see?
A SFP below our monthly, before continuing its way to the upside!
If you think you've gotten awesome content from my TA, please smash that like (boost) button!
It keeps me motivated to continue hitting the charts for y'all!!
I'd also love to see requests on any chart you'd like me to look at!
So please leave a comment on what Analysis you'd like me to do next! <333333
I wanted us to take a look at AMD since it has now formed bullish market structure.
We see AMD break out of its descending price channel, above our Monthly level of 78.64
Not only is it testing our Monthy level as support, our Descending price channel (previously diagonal resistance), BUT also our 1.618 fib Extenson Level!
What would I like to see?
A SFP below our monthly, before continuing its way to the upside!
If you think you've gotten awesome content from my TA, please smash that like (boost) button!
It keeps me motivated to continue hitting the charts for y'all!!
I'd also love to see requests on any chart you'd like me to look at!
So please leave a comment on what Analysis you'd like me to do next! <333333
Exchanges: NASDAQ
Signal Type: Regular (Long)
ENTRY 78.18 - 74.925
TARGET 1: 84.44378
TARGET 2: 89.36114
TARGET 3: 92.81500
TARGET 4: 96.26886
TARGET 5: 100.54228
TARGET 6: 107.45000
STOPLOSS: 71.67