Top 5 Weekly Trade Ideas #5 - AMD Breakout

NVDA has been on a big run after its triangle breakout and doesn't seem to be slowing down yet. AMD has been on a run of its own and just broke out of the downtrend that started in March at ATH. It has also already came back for a retest and held.

First target will be the previous high from July around 187. Second target is near ATH around 215. A rejection and fakeout wouldn't be a good look, but it still has to go all the way back down below 133ish and make a lower low to be considered long term bearish.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.