AMD eyes on $172 above and $154 below: Key zones after dud event

AMD live event was apparently a dud.
Was at resistance already, so easy drop.
Green support zone below is a Must-Hold.
$ 163.30 - 163.55 is minor support that looks burnt.
$ 151.42 - 154.86 is crucial zone with strong bottom.
$ 171.10 - 174.28 is key resistance with strong middle.
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Was at resistance already, so easy drop.
Green support zone below is a Must-Hold.
$ 163.30 - 163.55 is minor support that looks burnt.
$ 151.42 - 154.86 is crucial zone with strong bottom.
$ 171.10 - 174.28 is key resistance with strong middle.
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Trade ativo
\o/ TOUCHDOWN(yellow shaded part is from posting time).
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Taking a closer look:
Bounced exactly to our Golden local fib.
She then threw a pass to her golden sister.
This could well be "the bottom" for now.
But if not, we still have strong support.
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Trade fechado: objetivo atingido
ABSOLUTELY GORGEOUS Perfect dig into support and launch to targat.
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Zoom IN (m15) and a couple of notes:
Pierce of support zone was/is a bit concerning.
Would have much preferred at skip off the top.
Bulls will need to flip $163.xx zone into support.
EARNINGS report after close today.
So scalpers should take some/all profits.
Holders might sell a bit in case of ER dip.
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.