AMD: First week of November

2 thg 12, 2023

Was going to get all christmas themey here but will save it for SPY.

Here are the targets for AMD.
A break over the aqua (bull) threshold, we move to the high targets, but likely not to the top of the range.

A break below the orange (bear) threshold, we move to the low targets, but likely not the bottom of the range.

I have included the standard deviation breakdown by targets, including the price accumulation in that zone over the past 500, 30-minute candles.

Based on that, the most likely move is a move to PH1, as that is where price has been accumulating over the previous 500 candles.

But please note, previous behaviour does not predict future behaviour. Wait for confirmation either way.

Safe trades everyone!

2 thg 12, 2023

Ghi chú

I meant First week of DECEMBER!