Bmmcoo009

*UPDATE* $200 before earnings? or a retest of $120?

Long
Bmmcoo009 Aktualisiert   
NASDAQ:AMD   Advanced Micro Devices Inc
My today's $153 price target is coming from the nov 8th spike. That bullish move is a significant area. If we are moving in that direction we could see $160 EOW. On the 1 hour we a seeing an inverse head and shoulders playing out. After making the last shoulder last week it is ready to see this move through. In my last post I stated taking some off the top at around $155 and riding to All Time Highs. I still firmly believe that Idea. Between $155 and $159 are areas to shave some off the top. on the opposite end since $150 is a psychological area I would go long above and short below. my SL is $145 I would like to keep this trade tight.
We hit ATH I would expect us to keep going. My Idea is $200 by earnings in FEB

Trade ist aktiv:
My first take profit level has been reached

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