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markethunter888

AMD has gone parabolic, good shorting opportunity

Short
Advanced Micro Devices Inc (NASDAQ:AMD)  
markethunter888 Updated   
NASDAQ:AMD   Advanced Micro Devices Inc
Supply and Demand Trend Lines Multiple Time Frame Analysis AMD short Bearish Patterns options put robinhood robintrack Technical Analysis
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supplyanddemand trendline mtfa amd short bearish options put robinhood robintrack technicalanalysis
Short idea is summarized as follows

1. stock has gone parabolic and these typically have aggressive corrections
2. robintrack shows sentiment is extremely optimistic so would like to make a contrarian bet
3. assuming a SZ 84-88 so taking a $4 risk and executing the trade via November PUTS. 80 strike
Comment:
let me know if there's something I wasn't clear about and I shall clarify!
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