AMD: Here's another stock for a nice swing trade ... there are so many opportunities. My watchlist is full:D The big dow, nasdaq & snp companies offer many options for trading stocks. I would recommend such companies for the watchlist. Liquidity is an important factor. Not that many gaps, a clear chart structure and highly capitalized companies are important factors for successful trading with stocks (especially with LEVERAGE).
You can make it very easy for yourself: add the 30 largest companies from the s & p, nasdaq and dow to your watchlist. There are ALWAYS possibilities there. Personally, I prefer to trade the indices and the forex market. Accordingly, I don't have to search so much;) But sometimes I also trade stocks..but I never TRADE small caps. Small caps are for a buy & hold position imo.
AMD chart:
- nice breakout formation
- Corrective movement in a higher-level wave IV completed
- 5 wave impulses to the upside
- Wave (i) could now be finished
- all sub-waves have reached a logical target (fibo levels)
- now correction in a wave (ii)
-> Logical target around 83 - 77 USD
+ often the market goes back to the breakout trendline (that's what I call the kiss & goodbye scenario)
--> end this is our entry
The rest should be understandable. 95.51 - 99.30 are each important levels. Target 118 USD.
You can make it very easy for yourself: add the 30 largest companies from the s & p, nasdaq and dow to your watchlist. There are ALWAYS possibilities there. Personally, I prefer to trade the indices and the forex market. Accordingly, I don't have to search so much;) But sometimes I also trade stocks..but I never TRADE small caps. Small caps are for a buy & hold position imo.
AMD chart:
- nice breakout formation
- Corrective movement in a higher-level wave IV completed
- 5 wave impulses to the upside
- Wave (i) could now be finished
- all sub-waves have reached a logical target (fibo levels)
- now correction in a wave (ii)
-> Logical target around 83 - 77 USD
+ often the market goes back to the breakout trendline (that's what I call the kiss & goodbye scenario)
--> end this is our entry
The rest should be understandable. 95.51 - 99.30 are each important levels. Target 118 USD.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.