AMD Potential Long

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Chart has been very bearish lately. Not really sure what AMD wants to do, looking at the daily chart it looks like AMD could bounce off the 130 support level and into the 155-160 range. With that being said I think that there could be the possibility that it trades sideways into the 145-150 range. Going to have to wait and see what it gives us in the coming days, next week could be a big tell all.

If the price breaks that 130 support range look for a drop into the 122-110 range and possibly the 100 range.

P.S first idea so don't crucify me if its wrong. I will update this if I decide to take a position.

٢٦ نوفمبر ٢٠٢٤

تم فتح الصفقة

I like this big dip showing signs of weakness for the short position. I think that we tumble here down into the 133 support level. Opening steadily over the next few days, keeping a close eye to see what we do at the support level. Will keep updated with my position as I go.

Strike Price 125$ / 12-27 / Put Option