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Advanced Micro Devices Inc
Updated

AMD : First Target Hit. Might form Evening Star Doji pattern

262
AMD - Hits first target @ 19.00
Evening Star Doji Pattern (investopedia.com/terms/e/eveningstar.asp) potentially formed.
Price might pullback to test Resistance Turned Support at 17.40 level (~0.618 Fibo Retracement point 15.7 to 19.9)
Took profit.. Wait for pullback around 17.4 area and re-enter if there's sign of reversal.


Trade closed: target reached
Target hits... Price Close position to lock down profit.
Too far away from key EMA20 & EMA50. Looks like taking a rest at $25...
Waiting for pullback to re-enter near EMA20. (Very bullish - Unlikely to break below EMA20)
kgiap123
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Chart PatternsTrend Analysis
kgiap123
Contact me to learn Turtle Trading System, MCDX and other indicators (t.me/SgxFx)

tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
Also on:

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.