AMD Short - Based on Technical Data
AMD broke down below the 9 day MA and the 50 day MA. I think that she is going to continue this action and will be looking to exit at the next point of support around 11.66. Stop loss is set at 13.50.
I am optimistic that the trade will be good to hold until the earnings report comes out. Now, my plan is that no matter what, I will be exiting the trade BEFORE the earnings report, so as to lock in profits.
I am optimistic that the trade will be good to hold until the earnings report comes out. Now, my plan is that no matter what, I will be exiting the trade BEFORE the earnings report, so as to lock in profits.
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