Short - AMD

7月17日

Time period for this play : week to months

Analysis : Elliot wave 12345 ABC. Expect hitting .618 and bounce back up to go higher.
Pattern if wave B completed : Head & Shoulder
Price Target: Wave ABC

ETA Timeline for correction. Please refer to the chart.

Upcoming events:
Tariff active on 8/1/25 - Friday
Earning on 8/5/25 - Tuesday

Top is not in yet, so 2 Possible top-in levels:
Top 1 - $163.45 : Retesting to hit 163.45, rejected, and break $158
Top 2 - $173.94 : Breaking 163.45 and reject at 173.94
=> Overall, It begins trading side way and show some weakness now.

The correction may not pull back to .618, which is the best level. Other scenarios:
- 0.5 fib, where it test wave 3
- 0.328 fib, strong bullish level if it doesn't break & go to the upside faster

7月18日

註釋

***** Please Note that fib .618 is an ideal level, not a guarantee. The most possible retracement is .382

7月22日

交易進行

Next target for the downside at $147. Perfectly taking profit at 149.5

7月22日

註釋

AMD closed and hold the support nicely today. If it retraces to the upside, meaning top is not in yet.

Levels to watch:

Call : breaking 157.8 to test 164-170 ish area
Put : breaking 149.5 to test 147-140 ish area

3 天前

註釋

AMD nicely goes to the upside. If it keeps the strength, next target is 185

3 天前

註釋

Levels to watch:

A small correction might happen this Friday before testing the big resistance at 187. I strongly believe it can run to 187 due to earning and the hype next week.

Put: Breaking 174 to test 169-162
Call: Breaking 180 to test 182.22-187.5

14 小時前

註釋

Levels to watch (08/4/25-08/08/25) - Earning week.

Put: Breaking 167 to test 162.5. Monitor price movement at 162.5 if it rejects strongly when retraces to the upside -> Top is in and expect to play the B-C correction wave.

Call: Breaking 178 -> 182.5 -> 187.7. If 187.7 is not breaking, expecting top in.