With Nasdaq and the Dow officially in a downtrend, and have a lot of further down to go, i believe tech stocks are going to have the biggest impact on it.
Right now AMD is doing a flat ABC, where it's going to test 24 USD again.
I would place a short at 23,8 USD with a stoploss at 24,5 USD.
As the title says i expect it to drop to 6 USD. With could potentially give us some nice profit.
Right now AMD is doing a flat ABC, where it's going to test 24 USD again.
I would place a short at 23,8 USD with a stoploss at 24,5 USD.
As the title says i expect it to drop to 6 USD. With could potentially give us some nice profit.
Comment:
AMD approaching short target. Be ready!
