SamSuka
The Long Investor
The Long Investor

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$AMD TOP 20

Remember the set up here, we have a double 0.618 Fib hold, above the 50 Day MA and above the 200 Day MA now in the PM, price is also above the blue line at $164 in the PM now too

This was the set up we got on the HSI before it went very aggressive in its own Wave 3.

The $164 is an important support/resistance level, it has been in place since Jan 2024, so breaking above and holding above this level will give the green light to go as high as the 1.618 Fib at $197

$AMD TOP 20

Comments

just curious to know $amd has not retested DAILY MA200 which is at $161 feels like retest should happen to make the support firm

5abi85

great trade for me .i will wait for pullback as 4 hr rsi is over bought Looking at $162-$163 range for gap fill

5abi85

Cap do we wait for a test of 164 from above before entering?

MK

Yes, great call!

Sofiane

We wait for hold and all-in πŸ˜‚

WiktorW


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