$AMD falling chopstick breakout?

AMD breaks out from its 3 day losing streak to 4 day winning streak after the feed week and blue chips earnings. AMD looks like a falling chopstick at 4hr chart. but also clearly visible its lower high movement. with earnings coming up tomorrow after market close. i expect $AMD to pull back along with the overall market as it starts to cool off its steam from 4 day winning streak. or it can go sideway like consolidation and make little move before the market close. AMD could breakout to $100 if they beat the Wall Street EPS estimate with positive guidance.

here my price target for $AMD for monday 08/02/22.



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For calls; buy above $98.30 and sell at 100.36 or above



For puts, buy below 96.50 and sell at 93.95 or below

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Trade geschlossen: Ziel wurde erreicht:

AMD reached the buy and sell target for calls. congrats if you caught the move.