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MarketMotion
Sep 17, 2021 1:17 PM

AMD - Remains a Short for Me! Short

Advanced Micro Devices, Inc.NASDAQ

Description

I like 10/15/21 or 11/19/21 (safer) 100 or 105 Puts

Stop Loss: 112.25

Price Target: 94-95

Notes: Still looking for C wave to finish down into green box and back test what was previous resistance at 94.28. I believe this bull flag will break down. We have upper red EMA cloud as well pointing down and AMD is trading underneath 9/20 EMA but has not crossed yet.

Trade closed manually

Gave us 99ish on the downside then bounced
Comments
trenno
still feel the same way about this after today?
MarketMotion
@DaNiel.bodnar, I do!
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