AMD Showing Nice Little Bull Run
Updated
AMD has been trading over its 100 day moving average since the very end of January.
RSI (2 day period, using 90% and 10% as upper/lower bands) shows that AMD is just touching 13.42% which indicates that the stock may be a tad oversold or close to it.
Today's Trade; Long 45 shares @ 23.40.
Plan on an exit somewhere in the next 5-8 trading days around 25.50 or so.
RSI (2 day period, using 90% and 10% as upper/lower bands) shows that AMD is just touching 13.42% which indicates that the stock may be a tad oversold or close to it.
Today's Trade; Long 45 shares @ 23.40.
Plan on an exit somewhere in the next 5-8 trading days around 25.50 or so.
Trade active
Still within this upward channel. If support doesn't hold up, may have to take a loss somewhere around $21.33 (100 day moving average at today's close).Trade closed manually
On 3/12 Closed the trade. Sold 45 AMD @ 23.49
Didn't honor any initial exit plan. Stuck around and pulled out. Not ideal.
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