$AMD tight spot, with this inside day

27 oct. 2022

NOW earnings boosted this after hours. It's in an interesting spot. $60 was the level to beat. It held it for the most part. If it can stay above and trigger the 2-1-2u tomorrow, it can be a good play. It really needs to break 62 with some force since that BF is sitting right there. Then can target the 64. Breaking that will flip the month/qtr green and can target the gap. This may not happen until earnings or not at all, but something to be aware of. Downside needs to break and hold 59 and can target 56, but be careful as this has been a chop area. Call vol is nice

28 oct. 2022

Note

Beautiful day to understand the sss50percent rule! If AMD does a 3-2d today, we are back into red FTFC!