Is AMD due for a correction?

AMD

AMD had a good run into the earnings season however

news is that with the expected or present recession

semiconductors as a subsector will fall a bit heading

into the third quarter.


The chart shows buy order blocks as a support are

far less than sell order blocks.

The MACD , a lagging indicator, shows the K/D

lines crossing over the histogram.

My idea is to take a call option contract for
a strike 5% below the present price.

Setting a stop loss at 10% of the option price

taking profit when the AMD stock approaches

above the closest buy order block at about

$ 98.45.

Do you have call options to suggest?