AMD @ flag trendline & 200 SMA. Next major demand zone 85 to 88

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If you remember my post from earlier this/ last week, my max dip on AMD short term was 96-97. This is exactly where we're opening today. Expecting a small reversal that which the strength of will wholly depend on ES1! NQ1! SPY QQQ



200 SMA bounces are usually very strong. When price starts heading below this SMA, you should start to be cautious. Of course, sometimes there's a mini fakeout under the SMA and right back up.

Watch this critical level here.

٢٨ سبتمبر ٢٠٢٣

تم فتح الصفقة

Super bounce. +68% on January.

٢٩ سبتمبر ٢٠٢٣

ملاحظة

How did everyone do on this trade?

It's up roughly 8-9 points since the call out.

٣٠ سبتمبر ٢٠٢٣

ملاحظة

Up 10% since first post. Watching for rejection or breakout here.

٦ أكتوبر ٢٠٢٣

ملاحظة

+12% already here. I am expecting a pullback before a continued breakout. That would make it a healthy breakout. AMD bulls are strong and "hold the line" lol. So we'll see.

٦ أكتوبر ٢٠٢٣

تم فتح الصفقة

I did close January calls today for +68% and +101%. And some shares for +8% from average.