The 10-day EMA has crossed the 50-day EMA once again for AMD, indicating a bullish run.
A pennant pattern has also formed, which may allow AMD to breakout to $90+ if the $87 resistance is broken.
Stock is currently overbought, but riding the wave may allow a continued profit.
Disclaimer*** This is not professional trading advice and should not be taken as such.
A pennant pattern has also formed, which may allow AMD to breakout to $90+ if the $87 resistance is broken.
Stock is currently overbought, but riding the wave may allow a continued profit.
Disclaimer*** This is not professional trading advice and should not be taken as such.
Comment:
Trade Open: 9/25 $85.5 Call
Trade closed: target reached:
(+76% Profit)