AMD has just hit the final price target of 2.90 for a gain of 52.6% from entry. Consider booking full profits on the trade as the risk/reward of holding out for additional gains on this trade is no longer favorable. 4-hour charts on the trade in order as posted:
Please note that I have revised the AMD targets. The AMD long setup triggered an entry on Nov 28th at 1.90 on the breakout of the bullish falling wedge pattern and has already exceeded a 45% gain. Upon further review of the charts and taking other variables into consideration, I [...]
The AMD long has hit the second target and is currently up over 26% from entry. Consider booking partial or full profits and/or raising your stops, according to your trading plan. Currently, T3 is my preferred target on this trade and a stop somewhat below the former T1 (2.15) would [...]
The AMD long trade has hit the first target for a 13% gain. Consider booking partial or full profits and/or raising your stops, depending on your trading plan.
Please note that I have added another target to the AMD long trade. Upon further review of the charts, I have added a new target at the 2.15 level which would give the trade a 13% profit and with the odds of at least a temporary pullback in the broad [...]
The AMD long setup posted last week triggered today. Please note that I have revised the targets since the last post (shown on the previous chart, first one below). My first target is now the white downtrend line shown. As that is a moving target, I can't list the exact [...]
AMD is another "catch a falling knife" trade. In fact, let me just re-post exactly what I said about the HPQ trade posted Friday, which is down big today: Please note: This is what is referred to in trading as “trying to catch a falling knife”. These type of trades [...]
one thing that i try to avoid with this site is preaching hindsight analysis (you should have done this or that...after the fact). unfortunately, i had to leave early today to run an errand before the market opening and i wasn't aware of the profit warning issued by AMD which [...]
this one is a high risk, potentially high return "catch a falling knife" trade for aggressive traders only. AMD could be good for a quick oversold/short-squeeze trade at a current levels (currently trading at 3.17 as i type), especially if the market can catch a bid today. targets marked on [...]