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Trader_Joe_Lee
28. Aug. 2017 06:33

AMD, 0.618 retracement and a potential double bottom Long

Advanced Micro Devices, Inc.NASDAQ

Beschreibung

AMD has a 0.618 retracement of it's previous 50% rally, and it's a potential double bottom here to be a potential reversal sign.
I think it's a good shot to long if it can confirm the double bottom (breaks out 13.20 before breaks down 11.85)
and I'll wait for the 2618 entry.

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it held 11.85 yesterday ha, let's see if the bulls are strong enough .

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broke 13.20 nicely, now we need a short-term retracement to confirm the 2618entry!

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if it can break down 13.00 on Monday, I'll execute the game plan.

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got the 1st kick @ 13.25, gotta trail the other half yo!!

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0.618 is amazing lol~
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Liquidrider
Absolutely great call shot up 4% today
Trader_Joe_Lee
@Liquidrider, My trade is just about to start yet lol , nice trade!
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