Ticker: AMD Bias: Bullish (Higher Timeframe Accumulation) Timeframe: Position Trade (weeks to months)
The Setup: AMD is showing a higher timeframe accumulation schematic on the weekly. The majority of volume within the consolidation is concentrated at our Point of Control: ~$160.
Price Inefficiency: $171–$190 Inefficiencies don't always fill, but they have a tendency to. This zone represents unfinished business above current price.
Key Levels:
- $186
- $149
- $100
- HTF Demand Zone: $76–$116 (weekly)
The Play: If price retraces toward the Point of Control ($160) down into the HTF demand zone ($76–$116), these are objectively strong prices for position trade entries. We're looking for the accumulation schematic to complete and price to move toward filling the inefficiency above.
Given the position trade timeframe, patience is the edge here. We're not forcing entries — we're letting the structure bring price to us.
What I'm Watching For:
- Signs of spring/test within the accumulation range
- Reaction at $149, $160 POC, and $100
- Strength confirmation before targeting the $171–$190 inefficiency fill