CHRIS_B58

$AMD down trend momentum

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NASDAQ:AMD   Advanced Micro Devices Inc
$AMD has been trending down at a lower level ever since the market continues to pull back. Since then, $AMD picks ups a lot of short interest creating this downward move. The company's earnings have been amazing lately and continues its innovation for computer chips and probably expanding their reach to cloud computing and so on. a lot of big institutional traders seeing a buy, but the uncertain of the current market right now, preventing some traders to hold the stocks for long swing.



The average move of AMD per day is about $4.00-6.00 depending on market conditions and news.

here my price target for $AMD for monday 07/11/22.

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For calls; buy above $80.15 and sell at 82.14 or above



For puts, buy below 78.18 and sell at 77.40 or below

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Welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock might possibly go the next day or week play and where I would look for trading opportunities
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Dagangan ditutup: sasaran tercapai:
target for puts buy and sell signal is reached for this today play. congrats if you able to catch the move.

Penafian

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