Breakout or Fakeout? Watching AMD Resistance for Next Big MoveAdvanced Micro Devices, Inc.BATS:AMDThe-Thiefπ AMD βAdvanced Micro Devices, Incβ β Wealth Strategy Map (Swing/Day Trade) πΊοΈ Plan: Iβm tracking AMD with a bullish strategy β waiting for a resistance level breakout to confirm momentum. Once price breaks the key barrier, entry opportunities open up. π― Entry Setup (Thief Strategy Layering Method): Instead of one entry, Iβm applying a layering strategy with multiple buy limit orders. This approach helps average entries across different levels. Buy limit layers: 155.00, 158.00, 160.00, 162.00, 163.00 (π‘ You can increase layers based on your own risk & comfort.) Breakout confirmation: Entry after breakout price level mentioned. π Stop Loss (Thief SL): Suggested stop loss @150.00 β οΈ Note: Dear Ladies & Gentlemen (Thief OGβs), this is my SL level, but you are not required to follow it. Manage risk according to your own plan. π― Profit Target (Police Barricade Zone π¨): Price faces a strong resistance around 186.00 β this area acts as a trap zone with overbought conditions. Target @186.00 (escape with profits before police catch you π). β οΈ Note: Again, TP is personal. Take profit when satisfied β your money, your choice. π Related Assets to Watch (Correlation Insight): AMD tends to move in line with broader tech sentiment and semiconductors: NVDA (NVIDIA) β Direct sector competitor, often mirrors momentum. SMH (VanEck Semiconductor ETF) β Strong correlation, broader chip market direction. QQQ (NASDAQ 100 ETF) β AMD is a major component; index momentum often drives AMD. INTC (Intel) β Rival stock; negative news on INTC can boost AMD sentiment. Watching these pairs helps confirm breakouts & avoid false signals. β¨ βIf you find value in my analysis, a π and π boost is much appreciated β it helps me share more setups with the community!β β οΈ Disclaimer: This is a Thief Style Trading Strategy β shared for fun & educational purposes only. Not financial advice. Trade at your own risk. #AMD #SwingTrade #DayTrade #Stocks #Semiconductors #TradingStrategy #BreakoutSetup #StockMarket #NVDA #QQQ