AMD Potential Long. 85% Win Rate.

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Using the above chart as a Macro indicator you can see that the time to buy AMD has arrived.

Each time the RSI moves to an oversold position in the 3 week we often see great returns. The exception being 2008 where the period was much longer than usual.

Yesterday I finished back testing AMD from 1972 to 2025. I came out with a 85% win rate over those years. I did not use the chart above either as it would have created an unfair bias for my normal trading strategy and rules. 1994-1995ish was the first bad trade and another stumbling block was 2008-2009. As it was very drawn out and stop losses were triggered.

Using the 85% Win Rate strategy and using the above chart shows us the following:

RSI: Tickled the oversold zone. I am sceptical of this as I do not think the move will be a massive one as it barely touched the zone but in previous years we will still see a 30-40% move in similar cases.

Phoenix Bollinger Bands: This indicates that price is where its suppose to be. On lower timeframes it also shows that price does have the potential to expand to 130-140 range.

Strategy: The strategy that I use is indicating that the 2 week buy signal is 2 days away from confirming.

I have the following things to do:
1) Update tomorrow if Buy Signal is confirmed. If was more aggressive I would be buying today but because its only a 85% win rate and not 90%+ like the others I will wait.

2) Regardless if price goes down from here or not. I will start to build a position from tomorrow.

Sorry that I did not post all the charts etc in this one today. I am just a bit busy with my own trades and thought I would try get this out ASAP.

Have a blessed day and Stay Adaptable.

Nota
Forgot to switch the chart back to 3 week which is is less clustered with oversold RSI's.
Nota
AMD signal did not confirm on the 2 week. There is another 53 min to go but I doubt we will see it show.

I will update when the signal is confirmed.

Penafian

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