AMD | Long | Technical Reversal at Support Zone |(April 9, 2025)

1️⃣ Insight Summary:
AMD has pulled back sharply, but we’re now sitting at a key demand zone. With liquidity taken from previous lows and fresh buy signals showing up, this could mark a turning point for a bullish recovery.

2️⃣ Trade Parameters:
Bias: Long
Entry: Between $85.74 – $92.01 (current support zone and entry region)
Stop Loss: Below $70.00 (deep invalidation zone – loss of structure and momentum)
TP1: $114.55
TP2: $131.20
TP3 / Final TP: $187.24 – $191.08 (upper supply & potential full mean reversion)
Partial Exits: Around $114 and $131 to secure gains before the top range

3️⃣ Key Notes:
✅ AMD recently tapped into a strong historical demand zone while showing a bullish divergence on the RSI.
✅ Multiple Buy Signals have printed on the 4H timeframe.
✅ Semiconductors have been lagging, but this underperformance could open up an opportunity as money rotates back into undervalued tech.
❌ Invalidation is clearly below $70 — that’s where structure fully breaks and downside could accelerate.
📉 If price fails to hold above the $76 liquidity layer, we might dip deeper before launching.

4️⃣ Follow-up Note:
I’ll be monitoring this setup over the coming weeks and will post an update if price rejects the entry zone or breaks through resistance levels faster than expected.

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Disclaimer: This is not financial advice. Always conduct your own research. This content may include enhancements made using AI.