therancher

Getting ready for a re-entry to AMD, Follow me to make money!

therancher Updated   
NASDAQ:AMD   Advanced Micro Devices Inc
The post earnings analysis hasn't changed much but have been waiting for another long entry. Looks like it is well on its way after this short runs out of steam. Its the same old AMD rinse and repeat. There is confirmation of a double top via the price movement fell below the A&A Double Top. Everything is laid out on the chart. I have been trading crude primarily but still keep a watchful eye on ol' faithful.
Comment:
Still on course. Not a bad entry for a 25%-30% position, but do expect this price to further slide to lower 11's. Not sure if 10.70's is possible at this point but I do forsee lower 11's being very possible.
Comment:
And its playing out like a champ!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.