Advanced Micro Devices Inc
Long
Updated

Swing Trade - Long AMD

241
Entry - $109.22
Target 1 - ~ $120
Target 2 - ~ $142
SL - $107.06
RR_T1: 4.56
RR_T2: 15.61

Weekly Chart:
- Established up trend with HLs (purple rectangles) and HHs

Daily Chart:
- Possible HL (yellow rectangle)
- Break of Blue Trendline
- Break of previous LH (green rectangle)
- Risk management: SL set just below this level

30 Min Chart
- Entry upon break of consolidation over previous LH (green rectangle)

Targets from break of consolidation:
- T1 Based on slightly measurement of consolidation under blue trendline
- T2 based on previous uptrend on 30 min

This trade is based on trend analysis - Any break of HL on Daily will trigger exit.
Trade closed: target reached

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