AtticusRex

AMD approaching Holy Grail BUY on the WEEKLY (Raschke)

NASDAQ:AMD   Advanced Micro Devices Inc
Market retreats to 20 period EMA after making new highs (for long positions)/lows (for shorts) with ADX (14) >30 and coming off new highs (higher the better). Some people use the 20 period SMA . Projection is a retest of the highs. Trailing stop. ***Failed grails tend to move (painfully) in the undesired direction.
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