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ProfessorBurns
Aug 28, 2020 2:06 PM

AMD Bullish Run (Price Target $90+) Long

Advanced Micro Devices, Inc.NASDAQ

Description

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.

Comment

Trade Open: 9/25 $85.5 Call

Trade closed: target reached

(+76% Profit)
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