Trader_Joe_Lee
Long

Hey AMD fans here I am, a bat and 2618 combination.

NASDAQ:AMD   Advanced Micro Devices Inc
It's already the 5th month, AMD             has been a very significant example for harmonic patterns trading!
The latest butterfly pattern with a inside week breakout combination worked well, and after it finished a daily double bottom , here comes another trading opportunity.
This one looks so alike with the 1st trade at the end of August, too, both gave a double bottom as confirmation entry.

In terms of 2618 trade, we really need to see a clear pullback before trying to draw a 0.618 retracement ,
and let's take the drop yesterday for example to express this idea, while if it's still able to make a new pivot high, this trade remains there (but needed to redraw) .
I'll also make this article updated if there is anything significant happening.


Let's see how it goes!


--
Thanks for all the followers and responses, it's amazing that there suddenly goes more than 500 followers!
I believe many of you know me by these AMD             articles (as they are by far my most viewed posts)

I would really love to interact and discuss with you more, and welcome to check my Traditional Chinese/Simplified Chinese version of TradingView if you can read Chinese.
There are also a lot more different trading ideas posted there! (I am also the 1st and only one to "freestyle" as a tag on Chinise version of TradingView lolllllll)


http://tradingview.go2cloud.org/SH1RI (link to TradingView live chart)
Welcome to click it as a like button for this article~
Kommentar: it formed a inside week which could also be a good trade though!
Kommentar:

looks scary but this 2618 finally fot the chance to entry lol.
Let's see how it goes!
Kommentar:

got the 1st kick for both 2618 trade or the hammer, trail the others!
Nice Bullish Bat pattern, you got a new follower.
Antworten
@Dem456, Thanks bro!
Antworten
what is your price target for pre and post earnings. :D
Antworten
Trader_Joe_Lee techsetconsulting
@techsetconsulting, I don't really set a price target in terms of technical trading (I do when I am doing value investment), and earning is the most unpredictable event in trading.
For this trade, I would very like to see it's going through some consolidation here before ER, and the momentum of the ER bring this trade to my ideal entry spot.
+2 Antworten
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