AMD is in a bull pennant as you can see from the 1hr chart. If it breaks below the prior pivot, then this could form into a bull flag with a lower low.
Nota
As mentioned above, this may turn into a bull flag. If so, we can draw a parallel trendline based off the top trend line which may be the bottom of the flag. There is also support near the bottom of the parallel line as well.
My goal is to find the best risk:reward setups. For instance, if you risk $1,000 at a chance to make $5,000, you can afford to be wrong 4 out of 5 times and still not lose money. I hit my targets over 50% of the time.
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My goal is to find the best risk:reward setups. For instance, if you risk $1,000 at a chance to make $5,000, you can afford to be wrong 4 out of 5 times and still not lose money. I hit my targets over 50% of the time.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.