The semiconductor giant AMD is flashing major warning signs on the higher timeframes. After a parabolic run, we are seeing a confluence of bearish technical factors that suggest the local top is officially in.
📉 The Technical Confluence
1. Global Resistance Rejection: Price has demonstrated a violent reversal from a long-standing global resistance trendline. This wasn't just a touch; it was a rejection that suggests big players are distributing their positions.
2. Bearish Double Top + RSI Divergence: We can clearly see a Double Top formation on the Daily chart, combined with the solid RSI Divergence. This structural pattern often serves as the precursor to a long-term trend reversal.
🚀 The Short-Term Gap Fill
On February 4, 2026, the price opened with a solid Gap Down. In many cases, the market likes to re-test the "scene of the crime" before the real move starts.
Near-term Outlook: We may see a relief rally to fill the gap around the $230.00 area.
The Opportunity: This $230 zone is our "Point of Interest" (POI) to look for short entries once the gap is filled and bearish price action returns.
🎯 Targets & Macro View
If the structure holds and the rejection from the gap-fill is successful, we are looking for a massive downtrend with the following targets:
Conclusion: The risk-to-reward ratio for a short position near the gap fill is highly attractive. However, wait for the $230 re-test to ensure you aren't chasing the move.
What do you think? Is the AI/Semiconductor hype finally cooling off? Let me know in the comments! 👇
📉 The Technical Confluence
1. Global Resistance Rejection: Price has demonstrated a violent reversal from a long-standing global resistance trendline. This wasn't just a touch; it was a rejection that suggests big players are distributing their positions.
2. Bearish Double Top + RSI Divergence: We can clearly see a Double Top formation on the Daily chart, combined with the solid RSI Divergence. This structural pattern often serves as the precursor to a long-term trend reversal.
🚀 The Short-Term Gap Fill
On February 4, 2026, the price opened with a solid Gap Down. In many cases, the market likes to re-test the "scene of the crime" before the real move starts.
Near-term Outlook: We may see a relief rally to fill the gap around the $230.00 area.
The Opportunity: This $230 zone is our "Point of Interest" (POI) to look for short entries once the gap is filled and bearish price action returns.
🎯 Targets & Macro View
If the structure holds and the rejection from the gap-fill is successful, we are looking for a massive downtrend with the following targets:
- Target 1: $150.00 (Closest Support area)
- Target 2: $100.00 (50% retracement from current levels)
Conclusion: The risk-to-reward ratio for a short position near the gap fill is highly attractive. However, wait for the $230 re-test to ensure you aren't chasing the move.
What do you think? Is the AI/Semiconductor hype finally cooling off? Let me know in the comments! 👇
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👉t.me/BMNTrading
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📚 Education | Trade ideas | Market Researches in our FREE TG Channel:
👉t.me/BMNTrading
👉t.me/BMNTrading
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。