Lew2323

Lew2323

NASDAQ:AMD Looking to buy the 53.50 pivot against 51.50 and scale in my second half once it moves. All of the moving averages are trending up in ascending order. Great fundamentals with it being 1st in its group. The downward move off the earnings candle was most likely due to them cutting their forecast even though earnings was good; however, it found some...

Lew2323

We started to see some consolidation after it had a good earnings reaction. 1st in its industry group with a A+ rating and accelerating earnings with price tightening up. The weekly looks good with a few weeks of consolidation and 10 week MA just under that 275 low. I'll be looking for a buy for a half position through 276 against 267 and scale in my second half...

Lew2323

Cost is trading within the 324-270 range (refer to weekly) and has put in back to back inside days with volume drying up. I'd be looking to grab a feeler through 311 against the 303.

Lew2323

The weekly looks to be developing a nice base. The daily is not quite ready yet but the weekly is showing a potential buying opportunity through 325 if everything lines up.

Lew2323

Previous resistance was 29.50 with the name exploding through the level; however, price action retraced all the way back down to this level. The level was defended by buyers while currently forming a bullish hammer candle. A buy through 32 against LOD could be a possible buy here.

Lew2323

If this name can give the proper risk relative to your account size you can take a half position through 155. MAs are lined up and name is only benefiting from the coronvirus while resisting yesterday from oil news.

Lew2323

Refer to chart