It's my third time to post AMD trading plan on TradingView, luckily enough, the previous 2 were amazing trades.
While as a huge part of the tech stocks rallied on Friday, AMD showed terrible relative weakness after its Q3 result.
So again let's regard the chart!
0.618 retracement was able to catch the 2 rallies for AMD ( of course you need to close all the position on this name before ER)
There is a potential gartley pattern, so I would like to wait for a reversal sign near 10.50-11.15 to long!
Let's see how it goes!
While as a huge part of the tech stocks rallied on Friday, AMD showed terrible relative weakness after its Q3 result.
So again let's regard the chart!
0.618 retracement was able to catch the 2 rallies for AMD ( of course you need to close all the position on this name before ER)
There is a potential gartley pattern, so I would like to wait for a reversal sign near 10.50-11.15 to long!
Let's see how it goes!
Looks like AMD is so respectful to fib retracement and harmonic pattern ha!