AMD looking to trade back to $14, potential 43% increase.

NASDAQ:AMD   Advanced Micro Devices Inc

AMD has been locked in a range between $10 and $14 for 2017. We are currently resting on the bottom of the range which has acted as a strong support zone every time price trades in the area.

Trading is all about high probability setups and stacking the odds in your favor. This trade is very low risk seeing that a stop can be placed very closely to our entry, risking only 8%, while our profit target will gain 43%.

Good luck traders and lets make some money!!


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