Breakout or Fakeout? Watching AMD Resistance for Next Big Move

📈 AMD “Advanced Micro Devices, Inc” – Wealth Strategy Map (Swing/Day Trade)
🗺️ Plan:
I’m tracking AMD with a bullish strategy — waiting for a resistance level breakout to confirm momentum. Once price breaks the key barrier, entry opportunities open up.

🎯 Entry Setup (Thief Strategy Layering Method):
Instead of one entry, I’m applying a layering strategy with multiple buy limit orders. This approach helps average entries across different levels.
Buy limit layers: 155.00, 158.00, 160.00, 162.00, 163.00. 164.00
(💡 You can increase layers based on your own risk & comfort.)
Breakout confirmation: Entry after breakout price level mentioned.

🛑 Stop Loss (Thief SL):
Suggested stop loss @150.00
⚠️ Note: Dear Ladies & Gentlemen (Thief OG’s), this is my SL level, but you are not required to follow it. Manage risk according to your own plan.

🎯 Profit Target (Police Barricade Zone 🚨):
Price faces a strong resistance around 186.00 — this area acts as a trap zone with overbought conditions.

Target @186.00 (escape with profits before police catch you 🚔).
⚠️ Note: Again, TP is personal. Take profit when satisfied — your money, your choice.

🔗 Related Assets to Watch (Correlation Insight):
AMD tends to move in line with broader tech sentiment and semiconductors:
NVDA (NVIDIA) – Direct sector competitor, often mirrors momentum.
SMH (VanEck Semiconductor ETF) – Strong correlation, broader chip market direction.
QQQ (NASDAQ 100 ETF) – AMD is a major component; index momentum often drives AMD.
INTC (Intel) – Rival stock; negative news on INTC can boost AMD sentiment.
Watching these pairs helps confirm breakouts & avoid false signals.

✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!”

⚠️ Disclaimer:
This is a Thief Style Trading Strategy — shared for fun & educational purposes only.
Not financial advice. Trade at your own risk.

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