$AMD Bullish call buying coupled with cup and handle
Hard to ignore the non stop call buying today mostly for 10/8 and 10/15 OPEX.. various strikes
From a Technical perspective, AMD appears to be making a cup handle pattern, I also really like the volume shelf support around $105, break of this invalidates trade.
Entered long starter position at the close (higher risk) .
An idea would be to wait for a break of handle (mid risk) or a break of the dotted line at about $114.44 (lowest risk) for various risk / reward entries.
First Target is the depth of the cup, or $121 for this idea.
From a Technical perspective, AMD appears to be making a cup handle pattern, I also really like the volume shelf support around $105, break of this invalidates trade.
Entered long starter position at the close (higher risk) .
An idea would be to wait for a break of handle (mid risk) or a break of the dotted line at about $114.44 (lowest risk) for various risk / reward entries.
First Target is the depth of the cup, or $121 for this idea.
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