Bull Scenario
AMD triggers Bull to Mark Up into our Bull Targets
AMD finds support at our Bear Trigger to Mark Up into our Bull Trigger
Bear Scenario
AMD triggers Bear into our Bear Targets
AMD finds Resistance at our Bull Trigger and Marks Down into our Bear Targets
Neutral
Price action stays within our Trigger levels (inventory rebalance)
Side Note
Each level has potential to reverse not all targets may be met.
AMD triggers Bull to Mark Up into our Bull Targets
AMD finds support at our Bear Trigger to Mark Up into our Bull Trigger
Bear Scenario
AMD triggers Bear into our Bear Targets
AMD finds Resistance at our Bull Trigger and Marks Down into our Bear Targets
Neutral
Price action stays within our Trigger levels (inventory rebalance)
Side Note
Each level has potential to reverse not all targets may be met.