Advanced Micro Devices Inc
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Atualizado

Safe Entry Zone AMD

720
Price Rejected From Resistance.

Safe Entry Green Zone.

Target after that 162$ price level.

Note: 1- Potentional of Strong Buying Zone:

We have two scenarios must happen at The Mentioned Zone:

Scenarios One: strong buying volume with reversal Candle.
Scenarios Two: Fake Break-Out of The Buying Zone.

Both indicate buyers stepping in strongly. NEVER Join in unless one showed up.

2- How to Buy Stock (safe way):

On 1H TF when Marubozu/Doji Candle show up which indicate strong buyers stepping-in.
Buy on 0.5 Fibo Level of the Marubozu/Doji Candle, because price will always and always re-test the

Take Care & Watch OUT !
Trade ativo
if Price managed to close above Red Zone with more than 30% of candle above the Zone pullback is invalid. and price continue for next Resistance 162$ but it still too early during the session. I just liked to update my thoughts
Nota
AMD Fighting with the Red Zone (Resistance) still whatever happens in between is consider as noise and trader should never buy AMD unless break through Red Zone Or go to Green Zone.
snapshot
Trade fechado manualmente
Due to NVDA H20 export sudden Postive news market will be pushed to in up going direction no re-test for Safe Green Zone.
Nota
sorry reached 161$ not 162$ price level
Nota
161.9$ actually but still not 162$ ._.

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