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kgiap123
Jul 28, 2018 10:02 PM

AMD : First Target Hit. Might form Evening Star Doji pattern 

Advanced Micro Devices, Inc.NASDAQ

Description

AMD - Hits first target @ 19.00
Evening Star Doji Pattern (investopedia.com/terms/e/eveningstar.asp) potentially formed.
Price might pullback to test Resistance Turned Support at 17.40 level (~0.618 Fibo Retracement point 15.7 to 19.9)
Took profit.. Wait for pullback around 17.4 area and re-enter if there's sign of reversal.


Trade closed: target reached

Target hits... Price Close position to lock down profit.
Too far away from key EMA20 & EMA50. Looks like taking a rest at $25...
Waiting for pullback to re-enter near EMA20. (Very bullish - Unlikely to break below EMA20)
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