AMD exceeded the suggested stop on a move above 7.17 for a 7.2% loss on Tuesday. Based on my read on the charts of AMD, the semiconductor sector & the broad markets, it still appears that AMD will reach one or both profit targets in the coming weeks. As such, AMD may soon be added back as another official short trade. Those still short might consider a stop above Tuesday’s high of 7.50. This trade & all associated posts will now be reassigned to the Completed Trades category.
AMD daily Oct 27th