DayTrade/Overnight. AMD potential resistance @ 1D TL & supply 5m

13 سبتمبر 2023

AMD approaching supply on the 5/15 min chart:


AMD approaching TL rejection/ resistance on the 1D chart:


I need another confirmation and I will enter.

13 سبتمبر 2023

ملاحظة

Took my +20%. I have a rule if I get +20% same hour I sell no matter what.



I will track it to see if it was a longer-term good trade and refine my strategy.

13 سبتمبر 2023

ملاحظة

Update:

Ripping now! It's up +45%

14 سبتمبر 2023

أغلقت الصفقة: تم الوصول للهدف

This was a daytrade yesterday. Didn't realize left it open. Nice nonetheless!

14 سبتمبر 2023

ملاحظة

The overnight aspect also worked. The puts are up +100%. The trendline resistance on the daily was strong enough to push it down almost 2%.

18 سبتمبر 2023

تم فتح الصفقة

You can see how this trade transpired. Called the exact top on AMD @ 108.52. These trendline rejections can be very profitable.