$AMD: Bottom after a correction?
$AMD has a nice setup forming here intraday, if price breaks over $65.02 you can expect a strong up day tomorrow, with upside to $66.02. If it fails to get follow through after triggering this buy and moves under $64.08 you can consider the short term entry failed and take the loss. Don't risk over 1-2% in such an entry...if it triggers.
The daily down trend time has expired, so it suggests price could mean revert back to the down trend mode @ 70.67 within the next 7 daily bars or less. That's a good target for any position you let run for longer than a day after taking this short term opportunity to get long stock.
Best of luck!
Ivan Labrie.
The daily down trend time has expired, so it suggests price could mean revert back to the down trend mode @ 70.67 within the next 7 daily bars or less. That's a good target for any position you let run for longer than a day after taking this short term opportunity to get long stock.
Best of luck!
Ivan Labrie.
Ordre annulé:
Not filled, trade cancelled.
Commentaire:
After today's close we can figure out where to buy tomorrow.
