Bankuur

Consolidation play

Короткая
NASDAQ:AMD   AMD (Advanced Micro Devices Inc.)
AMD looks like it may be a good consolidation play. I may look to enter short once it reaches the red supply zone I drew. If it does not reach the supply zone and end up breaking out below, I will wait for a pull back up to the consolidation support-turned-resistance line, and short it from there.

For me, this would be a straight technical play because I do not know much about AMD fundamentally. Which, is a little bit outside my realm, because I like to mix technicals with fundamentals. However, an opportunity is an opportunity!
Отказ от ответственности

Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.