Navitility Updated   
BATS:AMD   Advanced Micro Devices Inc
AMD had a nice pump this week and not it's in a little bit of trouble. There is a confluence stopping it's bullish price action. Two major resistance levels merge and AMD looks like it will need to retrace back to the support below before another attempt at moving higher.

If price stays where is it by Monday open, I will enter a short position with my stop above the current local high.

Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!

This is not financial advice. This is for educational purposes only.
Trade closed: target reached:
This trade was closed after price was rejected and fell from the confluence resistance i mapped out. Always take profits because the market is unpredictable.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.