AMD had a classic breakup (of both a neckline and its 200 day MA) on 1st Feb and then subsequently did a retest back to near it's breakup level on 10 Feb. The retest brought it close to but did not violate the "neckline" before it began to rebound rather strongly again last night. This served to validate that the neckline has now turned "support".
I would go Long with an initial stop loss about $1 below its recent pivot low @ 80.40, and trail stops up at intervals to protect profits.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
I would go Long with an initial stop loss about $1 below its recent pivot low @ 80.40, and trail stops up at intervals to protect profits.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。