Rug about to be pulled from underneath $AMD - Target ~ $75
I believe I've spotted a very obvious sign of weakness per Wyckoff distribution theory in $AMD. Price target is $75. I do not have a time horizon but let's just say when the rest of the market sells off, I have an idea of where
AMD
is going.
Full disclosure, I'm not a profitable trader and I'm relatively new to trading. But my best trades/entries have been during the times I've been fortunate enough to spot this setup--signs of weakness in a Wyckoff distribution.
Price target is based on previous failure where
AMD
failed to make a lower low.
Good luck and happy trading!
AMD
is going. Full disclosure, I'm not a profitable trader and I'm relatively new to trading. But my best trades/entries have been during the times I've been fortunate enough to spot this setup--signs of weakness in a Wyckoff distribution.
Price target is based on previous failure where
AMD
failed to make a lower low. Good luck and happy trading!
Comment:
I would look for an entry as close to $108 as possible. Depending on how generous the market is in the coming weeks.