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Verum0
Feb 10, 2021 3:57 AM

AMD pullback Short

Advanced Micro Devices, Inc.NASDAQ

Description

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!


If you like this idea please hit the like button it tricks all of the AMD processors and gets more people to see these stellar ideas. Thank you!

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
Comments
NayemKhanOfficial
Hey man I just wanted to personally thank you for your alerts. I know you don’t have to and it probably takes time/work, but it really does help. :)
Verum0
@nayemquadir3835 You got it! Good luck trade smart
MoonCat8
I liked this post but AMD isn't done running up :)
TheSignalyst
amazing chart as always!
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