AMD; Stacking Chips and Buying Rips

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Yo fam, happy Sunday! Our Momentum Mover strategy has slayed it on AMD over time. We got a long exit signal back in March ensuring we locked in gains. The next step is to find a long entry to join back into this epic run.

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STRATEGY USED:
Momentum Mover
Trend Confirmation = Fractal Trend
Entry Signal = Breakaway Scalper
Exit Signal = Breakaway Scalper OR Orderblock Mapping

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1. Fractal Trend is showing an uptrend (Green background color) for AMD on the daily chart.

2. Breakaway Scalper is showing a neutral Grey bar color.

2. With this strategy we enter long ONLY when Fractal Trend shows a Green background and Breakaway Scalper shows a Green bar color.

3. We are first and foremost looking for a re-test of S1 or R1.

4. If we head lower, we will be looking for a reaction off of S2.

5. Regardless of what happens, we will only enter long if Fractal Trend AND Breakaway Scalper both give us a long signal. Otherwise we will preserve capital by remaining neutral.

6. We would only consider a short position if Fractal Trend AND Breakaway Scalper both signal a short by both showing Red respectively. The trend would have to change significantly for this, so for the moment the plan only includes looking for long entires on AMD.