After ALMOST getting to the d-target around Mar/Apr AMD backed all the way down to the re-entry trigger at $83.15. A successful reentry at this point would have allowed you to already exit 1/2 of the position, leaving your with a risk free attempt at $104.80.
Our strategy here would be to sell the next 1/2 at $97.58, locking in your profits. This will allow 1/4 of our original investment to ride either to $104.80, or if you want to risk the moonshot we can wait and see if it blows through the d-target on the way to a larger target.
Our strategy here would be to sell the next 1/2 at $97.58, locking in your profits. This will allow 1/4 of our original investment to ride either to $104.80, or if you want to risk the moonshot we can wait and see if it blows through the d-target on the way to a larger target.
Trade closed: target reached