JenRz

Lo in AMD $96-97 (daytrade short) & BUY it for $113 target

JenRz Updated   
NASDAQ:AMD   Advanced Micro Devices Inc
AMD hit my long awaited target of $101 on Friday and I am getting it lower for today to around $96.50.
The big idea here though (per my dowsing) is to buy it, as it will be a spike down and reverse up. These scenarios can take more than one day to play out, however, I think it's for today as this is a date I've repeatedly gotten for indexes to have some kind of reversal action.
I also get the spike down and reverse up scenario in the SPX reading, so it's no doubt to me going to go up soon.
The time of day indicated for such reversal is around 1:00 eastern. Sometimes these times are bogus, but this time window comes up for both AMD and SPX.
I also was given the date of October 6th for AMD, so maybe those are the best options and it takes that long. Good luck!
Comment:
Of course, I was early with the short idea. This is a bit annoying, but I just need more patience. I was a couple bucks off the low here, but it's slowly working out. Earnings likely shakes things up a bit, but we'll see.
It's interesting I had that date on the 6th & it's one of the biggest candles on the chart. I'm expecting a quickie pullback suggests there's another opportunity to get long. Pendulum jumps to 103.

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