AMD at or near a "Top"? Advanced Micro Devices flying TOO high?

AMD has been flying as China talks came off the front page.
Now it is approaching some major resistance zones to watch.
This would be a good place for "bad news" to be released soon.

$ 46.60-47.29 "should" have been the top but has extended beyond.
$ 48.97-49.41 is immediate resistance that is already showing validity.
$ 52.07-52.62 is likely to be hit and likely to push back against price.

There are other zones ABOVE the chart window.
Drag PRICE scale DOWN to see other zones above.
Drag PRICE scale UP to reduce overlapping numbers.

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See some of my other plots and trade calls below.
I also plot Forex and Crypto, take a look at my profile page.

TSLA $500 Target <= still in play
Peloton Top Call
FORD in No-Mans Land
AMZN decision Point
FaceBook bounce
Twitter bounce
NetFlix bounce
Amazon scalp
Oil long

Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.

ความคิดเห็น:

Gapped up to Ping $52.62 EXACTLY

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