NASDAQ:AMD   Advanced Micro Devices Inc
AMD
274 7 8
amd
I think there is going to be a reversal in the next few days. relatively low volume today, and chart looks good. Let me guys know what do you think!
does this hold relevant now that the line is broken below with a doji(?) with support lines although all above 11.50..
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ammar1991 NikhilMulley
@NikhilMulley, Hi,
I am not too if I understood your question, but if you are asking me is it still good, then my answer is yes. When I published my idea I did not pay attention to the support, I focused more on the trend. The support is at 14.38 ish. It reached the support on Friday and they were a lot of buying so I am hoping we will see a reversal on Monday. "That's my opinion not a recommendation" Thanks for your comment and hopefully I answered your question.
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NikhilMulley ammar1991
@ammar1991, thanks.. it did bounce off 12.1.. looks good.
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put in a donchian channel, looks good to me
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ammar1991 sup3rjade
@sup3rjade, Indeed :)
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Noticed the same, I have a long call at under 11.90 and a stop loss at 11.50. I had a take profit at 14.50 but maybe put a trailing stop instead?
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ammar1991 Punkduck
@Punkduck, I'm sorry for the late reply but I have been busy. In my opinion, I would take profit at 14.50, or I would hold my position if I see there is an indication that I will keep rising.
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