AMD short - looks pretty solid.

Advanced Micro Devices Inc (NASDAQ:AMD)

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NASDAQ:AMD Advanced Micro Devices Inc

With AMD so over extended i'm looking to get short AMD with Jan. 19 puts. We have a trend line plus .618 retrace on the monthly @ 26.97

Commentaire:

Looks like we are going to see AMD close with a topping tail after reaching the target price for the day. If you missed the trade you can look for a 50% retrace of tail candle...if it happens.

Commentaire:

perfect retrace. Hope some of you got in! This one should pay us well!

Commentaire:

AMD has give those who missed the trade a second chance.

Trade fermée manuellement:

Covered short at $18.24. AMD went all the way .786 retrace before turning around. stop was at 35 lucky trade

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