HouseOfTrades

AMD daytrade idea

HouseOfTrades Pro Updated   
NASDAQ:AMD   Advanced Micro Devices Inc
Despite market weakness, AMD has been holding and battling the psychological $100 level.
Also, I can see that a possible symmetrical triangle (a little wonky) black lines.
My plan into tomorrow is watching the direction of this move.

Upside scenario: Above $93.83 would long it targeting $96 and above that $100
Downside scenario: I would wait to see if price will break the bottom of the triangle, if it does i will enter short below the break and target $90 and $88.70

There is no need to have a bias in this market, just play what the day brings.

Good luck.

Trade closed manually

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