This 3-star signal just hit its profit target
Hey guys,
The market had a rough session yesterday with both the Dow and Nasdaq closing in the red as treasury yields started to jump.
Even Alphabet took a hit during the I/O Day coverage, which has a lot of tech investors feeling a bit shaky about the near future.
While the crowd is still obsessed with the semiconductor hype, we noticed some serious cracks forming in AMD late last week.
The tension matrix we use to track institutional moves showed that the spring was coiled tight for a move to the downside.
On Friday, our system triggered a confirmed Coiled Spring Down signal on AMD with a 3-star strength rating.
The indicator identified maximum compression and a confirmed volume surge at the $427.76 entry level.
By the time the profit target was hit today, the stock had plummeted 7.03% in just a few trading sessions.
This wasn't a guess or a hunch based on the morning news cycle.
It was the result of our 20-point confirmation criteria catching the exact moment the market tension finally released.
You can see exactly how we spot these setups before the snap happens right here.
Most traders get caught on the wrong side of these moves because they wait for the news to tell them what to do.
By the time you read about Big Tech cutting back on buybacks, the big institutional players have already moved the needle.
Our Coiled Spring Pro system is designed to get you into the trade the moment the momentum is confirmed, not after the move is over.
Whether it is a 443% gain on TSLA or a quick 7% drop on AMD, the mechanics of price tension remain the same.
The market doesn't care about your opinion, it only cares about where the volume is flowing.
Stop trying to predict the next headline and start trading the tension that is already on the chart.
Talk soon,
The Team
Trading Strategy Guides
P.S. We are so confident this will change the way you see breakouts that we offer a full 30-day money-back guarantee: if you don't see the tension building on your own charts, just let us know and we will handle the rest.