AMD March 15, 24: Pull Back to MA-21

In a previous post (see related idea section) on March 12, I wrote about AMD pulling back to its moving average MA-21 would provide a buy signal.

On March 15, 24, the stock indeed pulled back to MA-21 and closed in green amid weak overall market.

For me this is a good technical sign showing relative strength of AMD

I bought it right here.

Trade closed: stop reached:

On March 15, 24, I closed the trade as it went down the support line. If the stock will react well at its moving average MA-50, I will find a buy point again.

Trade closed: stop reached:

I am sorry for the typo, I closed the trade on March 19, not March 15.