AMD (Advance Micro Devices) remains an Active Long Trade on the site since the original entry in this post from August 10th. Although that trade was & still is a typical swing trade (click on “AMD“ under Active Trades- Long in the menu bar to view all previous notes & charts).
AMD 120-minute Oct 21st
As an update to that trade, as well as a potential trade idea for more active traders, a pop above the 2.06 resistance level would likely bring AMD to the 2.21 level. Tight stops for the swing trade can be set on a 120-minute candlestick close below this ascending price channel although the original targets & stops listed on the previous updates for the swing trade remain the same for now. For a short-term trade targeting the 2.21 level it would be best to set you sell limit a 2-3 cents below the actual resistance level, around 2.19.