lauralea

Cup and Handle Mr Market Trying to get my STOP! LOL

Long
lauralea Updated   
NASDAQ:AMD   Advanced Micro Devices Inc
It was like someone was trying very hard to get my stop yesterday!!! I have been in this stock since it was at 44 and do not want to get stopped out now!
A Stop Loss for a cup and handle should be below the handle low or below the mid cup level. In the case of AMD, these 2 levels are very close which is not always the case. I had my stop at 47.5 and I really thought I was going to be stopped out yesterday!

Anyway, trade with care and do your research

Targets are 118 to 125
Target 2: 144 to 154
Comment:
Those targets are incorrect and must have been for another stock..ouch! sorry
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