Three trade setups for next week

3 trade setups for the week ahead

AMD (Advanced Micro Devices)

AMD has broken above 122.40 and is testing the 145 resistance. A break above 145 is required for an extension to higher levels, potentially reaching 165, but before a potential attack on this level, we could see a pullback, which can be used for a short trade.

TRADE SETUP: SHORT SL 153 TP 125

AMD trade setup

AAPL (APPLE)

AAPL is rejected from 215 multiple times. A break below 195 should accelerate the extension downside to 180.

TRADE SETUP: SHORT SL 212 TP 177

AAPL trade setup

SPX (US500 CFD)

SPX is breaking above 6250, potentially reaching 6300, overthrowing the rising wedge. I am looking for a pullback and a short trade.

TRADE SETUP: SHORT SL 6400 TP 5800

SPX trade setup