AMD seems to be forming a head and shoulders on the daily while also it seems like it is on its way to completely a correctional Elliot wave.
There is strong weekly demand around $73-75 but I like the r/r on this trade! I am looking to short this all the way back $60 once it looses demand (support).
I am currently holding onto some 5/21 80p and 6/18 70p
I will be looking to add more into the position once weekly demand is taken out.
There is strong weekly demand around $73-75 but I like the r/r on this trade! I am looking to short this all the way back $60 once it looses demand (support).
I am currently holding onto some 5/21 80p and 6/18 70p
I will be looking to add more into the position once weekly demand is taken out.
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Crazy how people are in denial about this play but uh AMD just dumped over 3.5% today, I hope youre not long on AMD for awhile...
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Still going as expected... PT: 60