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

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.

تم فتح الصفقة:

Super bounce. +68% on January.

تعليق:

How did everyone do on this trade?

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

تعليق:

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

تعليق:

+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.

تم فتح الصفقة:

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