Verum0

AMD pullback

Short
Verum0 Updated   
NASDAQ:AMD   Advanced Micro Devices Inc
Looking at the 2H on AMD I will wait for confirmation in the morning and enter PUTS for a small pullback. My reasoning here is that on the 2H it just broke below that 200MA and MACD is above 0 ready for the signal to cross down.

Please Wait for that signal and for the crossover, dont enter trades unless there are solid confirmations and price action.

Good luck!


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Trade active:
Zoom out to the daily and see what is happening on the overall picture, I was expecting this to be a small pullback here then retest the upper trendline, daily chart seems to be gearing up for a breakout. Will line up to follow the price action as I see the MACD cross on the daily. Good luck

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