Fundamentals:
AMD has some bullish news about their new GPU refresh lineup, so I decided to see if the chart matches. On top of that, their quarterly earnings report was very impressive to me.
Technicals
We have strong bullish divergence forming that I believe will take us to the trendline, if not higher. That is where I will take some profits and see if we can make a higher high after that to let the rest ride. It's also looking good from a liquidation screener standpoint, which I will post as an update.
Entry: 95
Target 1: 105-110
AMD has some bullish news about their new GPU refresh lineup, so I decided to see if the chart matches. On top of that, their quarterly earnings report was very impressive to me.
Technicals
We have strong bullish divergence forming that I believe will take us to the trendline, if not higher. That is where I will take some profits and see if we can make a higher high after that to let the rest ride. It's also looking good from a liquidation screener standpoint, which I will post as an update.
Entry: 95
Target 1: 105-110
ملاحظة
As you can see on the liquidation screener, both waves reacted at the same liquidation level, this is a good sign of strength and a possible short to mid term reversal for this stock.AMD has shown tremendous strength while the rest of tech growth stocks dump
ملاحظة
Now that this imbalance area is filled, we may continue to move up or down, but my evidence points to up!ملاحظة
On a smaller H4 time scale, we are forming a bullish pennant! I haven't felt like this about a long in months, it *seems* like this is really handed out on a silver platter for us to scalpملاحظة
This is EXTREMELY questionable to meملاحظة
Closing trade, I don't like the way that looks
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.