astronaut77
if amd passes the line it should run up to at least the next red line up
this is my first time publishing, i am kind of new to trading 1 year plus. yesterday amd broke out of its downtrend from its high of seventeen, today i beleive it will test the breakout and touch 14.95 before going past 17. go long at 15 with a stop at 14.75 and this should go past 17. there is no more resistance until 17.
MU's recent rally from support is unsustainable. It is in overbought territory according to the bollinger bands, also the rally is steep and is due for a breather. Also it's approaching the all time high from a few months ago. Shortsell tomorrow and place a stop above $50. Sorry this is my first time publishing, and feedback is greatly appreciated!!!