AMD is bouncing off the monthly time frame key level that is acting as support for price.
On weekly time frame and daily we had a shift in market structure from bearish trend to bullish.
I will be buying AMD on this retracement to the recent weekly gap created by price.
Once I see a good bullish price confirming that the retracement is over, i will enter for a buy trade.
My overall target is the 187 price level.
On weekly time frame and daily we had a shift in market structure from bearish trend to bullish.
I will be buying AMD on this retracement to the recent weekly gap created by price.
Once I see a good bullish price confirming that the retracement is over, i will enter for a buy trade.
My overall target is the 187 price level.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.