AMD - Bullish Flag Breakout / Target $110

0. Notes to follow;

تعليق:

Update - Feb 16 2021 - 1:48EST

After today's move, against the Open Interest on the Feb 19 $92, we may be range bound for a bit here.

Trading Range - $90.75 to $94.75

Cheers.

تعليق:

Update

Failed Breakout

At this point, we need a 5 percent move over the breakout point, and we only got about 4 percent on this move.

We may be range bound, and consolidate for a bit. Might be a head fake.

Range bound would be great for a bit. Sell some calls, and Theta walk the walk for a week or two?

تعليق:

UPDATE

Retest today, Feb 17 2021, of the Breakout Position;

If $89.11 (Buy some more here), HOLDS;

We will be going back up here.

This type of testing of a breakout point, is common;

تعليق:

Short term, hope to re-enter a possible channel at $90.75 shortly;