TraderDaddyOG

AMD - Need to prove further tapering before going long

BATS:AMD   Advanced Micro Devices Inc
Tapering is everything to prove that sellers are weakening and lacking further intention to drop. However, we do have room to the downside to find our green and orange buying continuation/support algorithms.

I will not be going long here until I see signs of magenta and teal controlled price and building further liquidity for a sustained move upward.

Happy Trading :)

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