Trade Recap for Tuesday 10/3/23🎃

Trade: $AMD 100p

• Reasoning: 102 breakdown

• Entry on the contract: 1.13

• Exit on the contract: 1.80

• Profit in percent: 59%

Today, AMD was on watch for a potential breakdown under the 102 support. AMD was able to get the breakout last week through 100 which triggered a rally into the 105 resistance. Following this resistance test, AMD ended up showing signs of a reversal. Under 102 was the trigger to that reversal and when we identified market weakness after economic data came out it was an entry. AMD ended up getting the breakdown into 100 following the entry.