AMD is currently trading inside an ascending channel, which looks pretty solid at containing the price action. I would wait to get into AMD later as I suspect the price will drop to the bottom of the channel.Target entry at around $13, target price is sell is whenever it hits the top of the channel. (Or sell out at the resistance of $15.67).
Note
I wouldn't be afraid to buy here ($13.26). No cash though (shorting USLV)Trade closed manually
broke support
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.