AMD On The Verge of Breakout?!

21 ביוני 2021

AMD has had an explosive bullish move out of its flag pattern that it developed. It is sitting right under a big resistance lvl at $85.40. We had some conosolidation this past friday after that massive Daily candle. Let's see if we can break above the $85.40 lvl which would open up a move to $88-90. Keep an eye on SPY/QQQ this week to see if the market conditions are prime for a big move in AMD.

21 ביוני 2021

הערה

I have been swinging August 100 Calls and closed my $83 Calls ITM this past week. I am looking to roll up for a day trade/swing on the $85.40 break. Let's see what the market brings us!

21 ביוני 2021

הערה

Big dump on AMD so far, let's see if we retest the flag breakout as support. May add some more 100C's there.

22 ביוני 2021

עסקה פעילה

AMD seems to be running with NVDA today, both showing strength. Added some 7/2 $85 Calls at $1.02. Will put stop loss roughly 20-25%. Chart above shows the lvls I'm working off of for now. Still in august 100's.

24 ביוני 2021

הערה

Let's see if we can close over $85.40. I've started closing out the above calls, now at $1.90.