AMD stock | Pivot point - Base | Oct 8 2025
AMD base - a base with high quality
- Base depth: -20.1%, so the gap down is 20% from pivotpoint - $186.65
- Gap up on last three days - Oct. 6 - 8, $186 - $235.87
- Base length from August 13 to Oct 6, more than 4 weeks
- All shareholders do not want to sell, and then there is this catalyst to gap up the stock - Open AI and AMD working-together.
- Measured move - depth of the base, should be the gap-up value
- $149-$186, base depth $37 dollars, so the price should be around $223/ share
- Green bar above purple bar above pink bar - green bar usually is 5% area to take profit
- Next it should be 4 weeks tighted area or more to go through the consolidation - trading range
- What do you should do? You try to trade in term of 2 hour trading range with support and resistance box area
D chart
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