1st of all, I think the market is heading for a correction.
With that, I'm looking for stocks with weak momentum to short.
AMD broke down support and currently retested it. Not looking like it will go back up to the upper trend line.
Target profit 1 at $80, but likely it should hit target profit 2 at $75
If you trade options, you can buy the AMD 82 Mar 19 Puts.
If you have any symbol that you'd like me to analyze, just leave me a comment!
Thanks!
With that, I'm looking for stocks with weak momentum to short.
AMD broke down support and currently retested it. Not looking like it will go back up to the upper trend line.
Target profit 1 at $80, but likely it should hit target profit 2 at $75
If you trade options, you can buy the AMD 82 Mar 19 Puts.
If you have any symbol that you'd like me to analyze, just leave me a comment!
Thanks!
Note
(Disclaimer: not giving any trading & investment advise. Just sharing views)Note
Heading down today!Let's see if the real sell off will happen before the end of the day or tomorrow.
have to be cautious if it doesn't
Note
Great! Selling pressure is back!Target profit 2 should be within reach
Trade closed: target reached
Low of today so far is 74.20!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.