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Trader_Joe_Lee
Aug 28, 2017 6:33 AM

AMD, 0.618 retracement and a potential double bottom Long

Advanced Micro Devices, Inc.NASDAQ

Description

AMD has a 0.618 retracement of it's previous 50% rally, and it's a potential double bottom here to be a potential reversal sign.
I think it's a good shot to long if it can confirm the double bottom (breaks out 13.20 before breaks down 11.85)
and I'll wait for the 2618 entry.

Comment

it held 11.85 yesterday ha, let's see if the bulls are strong enough .

Comment

broke 13.20 nicely, now we need a short-term retracement to confirm the 2618entry!

Comment

if it can break down 13.00 on Monday, I'll execute the game plan.

Comment

got the 1st kick @ 13.25, gotta trail the other half yo!!

Comment

0.618 is amazing lol~
Comments
Liquidrider
Absolutely great call shot up 4% today
Trader_Joe_Lee
@Liquidrider, My trade is just about to start yet lol , nice trade!
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