Short AMD as a swing trade if price exceeds 620, anticipating rejection at historical resistance.

Let's look at AMD. AMD is on my radar for a potential short. Uh this would actually be a great potential swing trade short. Major pivot high right here going back to the bull market high of 2024 on these stocks.

Now, what do I mean by a major bull market high? Big move up, big move down. That's obviously a major mountain top at that point. Now, it turns out we went a lot higher here. But look at this.

Then you have this push up right to that high. Then we have a significant draw down here. Well, where do we think probability sits that we might see AMD run into resistance at this trend line?

We got super close to it, super close yesterday. If this pushes up north of 620, I will likely start a small short position, probably even as a swing trade. I mean, day trade, this looks good. Swing trade. Chef's kiss. I like this one.

And again, remember how I trade. I don't go all in on my first buy because if I do that, I find that honestly, especially on swing trading, it doesn't work out always well because you're trying to step in front of a freight train.

How often does that work out well for whoever steps in front of the freight train? But if I can just put a little bit in front of it and then if it pushes through a little bit more, eventually the exhaustion works its way out and the stock can come in.

And I've really found for counter trend trading, more so for swing trading, that's really, really important.

And by the way, AMD yesterday hit a trillion dollar market cap.