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Trader_Joe_Lee
28 août 2017 06:33

AMD, 0.618 retracement and a potential double bottom Long

Advanced Micro Devices, Inc.NASDAQ

Description

AMD has a 0.618 retracement of it's previous 50% rally, and it's a potential double bottom here to be a potential reversal sign.
I think it's a good shot to long if it can confirm the double bottom (breaks out 13.20 before breaks down 11.85)
and I'll wait for the 2618 entry.

Commentaire

it held 11.85 yesterday ha, let's see if the bulls are strong enough .

Commentaire

broke 13.20 nicely, now we need a short-term retracement to confirm the 2618entry!

Commentaire

if it can break down 13.00 on Monday, I'll execute the game plan.

Commentaire

got the 1st kick @ 13.25, gotta trail the other half yo!!

Commentaire

0.618 is amazing lol~
Commentaires
Liquidrider
Absolutely great call shot up 4% today
Trader_Joe_Lee
@Liquidrider, My trade is just about to start yet lol , nice trade!
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