AMD (Advanced Micro Devices) will be added as an Active Short trade here following the uptrend line break on this 60-minute chart with an alternative, slightly higher probability entry or add-on to be triggered on a break below 30.15.
AMD 60-min Sept 19th
The price targets are T1 at 27.15, T2 at 24.82 with a potential third target around the 20.20 area, depending on how the charts of AMD & the semiconductor sector develop going forward. The suggested stop is any move above 33.50 & the suggested beta-adjusted for this trade is 0.80.