$AMD: What's The Next Move?

This move played out exactly as mapped. The key was staying patient at support while everyone else was panic-selling the pullbacks.

Completed Trade Recap

• Entry zone: $428.00 – $434.00

• Target: $518.00

• Invalidation: $408.00 (clean daily close below the key swing low)

• Why: The setup was based on a high-volume retest of the $425 breakout zone combined with bullish momentum divergence on the 4H chart and institutional volume stepping in off the 50-day moving average.

• Result: ✅ Target reached. Actual return: +21.0%

Next Setup & Strategy

I’m not chasing the move after taking profit. I’m waiting for another clean setup with defined risk.

Right now, $Advanced Micro Devices(AMD)$ is consolidating near the $465 region after taking out liquidity above $515. Chasing up here is a fast way to get chopped up.

Here are the two scenarios on my radar for the next leg:

1. The Retest Entry: Looking for a healthy pullback into the $450 – $458 support block. If buyers step in with strong hourly volume, I’ll risk down to $438 targeting $535.

2. The High-Tight Flag: If price holds above $460 and builds a tight daily base, I’ll enter on a break above $485 with a stop under $460.

Where are you sitting on this one? Are you taking profits here or holding out for $550+? Drop your levels below!