AMD approaching resistance, potential drop! Short

Advanced Micro Devices, Inc.NASDAQ

Description

⋅ Jun 7, 2019 10:30 AM

AMD is approaching our first resistance where we might be seeing a drop below this level to our first support level. Stochastic is also approaching resistance.

Comments

jl360

⋅ Jun 12, 2019 5:19 PM

Good analysis. Holding PUTS as we speak, I do see the 1st support at 29.60, where I will start taking profits.

TradingShot

⋅ Jun 8, 2019 11:59 AM

AMD is on a strong bullish trend right now and the fundamentals are right behind it. I agree with your set up.

DACapitalTrading

⋅ Jun 7, 2019 12:28 PM

Great Setup mate! Keep it up and have a look at my new Trade Idea :)