Consolidation play
AMD looks like it may be a good consolidation play. I may look to enter short once it reaches the red supply zone I drew. If it does not reach the supply zone and end up breaking out below, I will wait for a pull back up to the consolidation support-turned-resistance line, and short it from there.
For me, this would be a straight technical play because I do not know much about AMD fundamentally. Which, is a little bit outside my realm, because I like to mix technicals with fundamentals. However, an opportunity is an opportunity!
For me, this would be a straight technical play because I do not know much about AMD fundamentally. Which, is a little bit outside my realm, because I like to mix technicals with fundamentals. However, an opportunity is an opportunity!
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.