Advanced Micro Devices Inc
Short
Updated

Short $AMD CMP $104.05

118
Short AMD CMP $104.05. This one tried to bounce off of 200 SMA but failed. Today's big red candle is very big bearish sign that it will continue the downtrend. 20 and 50 SMA are nose diving on this one. It may hold $100 area but I am more inclined towards $90-$95 area support levels are more appropriate levels.

Short Target 1 is $100 area. Short Target 2 is $90-$95 area.
Trade active
Target 1 done
Trade closed: target reached

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