AMD indicates potential weakness- HIGH RISK

2024年7月22日

AMD indicates potential weakness- HIGH RISK

From our previous analysis AMD reached our bullish target and now we can see a complete transformation.

Today AMD is showing a bearish continuation pattern indicating further price decline.
The wave we may have this time will be only a corrective wave because AMD is in a very strong bullish trend a very risky to sell it.

However, you can use this analysis as an Indication about the next move that may happen during the Earnings Report on 30 July 2024.

The only way to trade AMD is if you can risk a small amount and buy PUT Options on AMD.
The risk will be limited in this way however it may develop.


Previous analysis:

2024年8月15日

トレード終了: 利益確定目標に到達

AMD - I hope you bought some PUTs :)