🔴 Direction: SHORT
🎯 Entry Zone: $470–$482
🛑 Stop-Loss: $490
Take-Profit Targets:
- TP1: $460
- TP2: $451
- TP3: $436
Technical Analysis:
AMD is showing bearish momentum, with price trading below its daily pivot near $482. The $473 area is an important reaction zone. Failure to reclaim resistance could expose lower support around $451 and $436.
Invalidation: A sustained breakout above $490 cancels the bearish setup.
⚠️ AMD earnings-related volatility is an additional risk. Wait for confirmation and avoid oversized positions.
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