I am pleased to see that AMD performed exactly as predicted. This was a very straight forward trade and I'll share the link to my previous posting from yesterday. We will likely see a red open tomorrow on AMD and we will have some struggle in this price range due to the resistance and pattern target potential being reached. For shorter term traders, i've placed a bunch of silly arrows to express why I was not seeing a retracement today or a short play.
Shorter time frames are fun to watch the action but I am on day shift again and don't have that ability right now so I will be sticking to a reasonable time frame for me. I do wonder how many people will trade this divergence if it ends up actually printing...
It is likely that we will see $180 - $182 before a short term retracement again but I'd really like that $200 first....but no guarantees ;)
Cheers!
Shorter time frames are fun to watch the action but I am on day shift again and don't have that ability right now so I will be sticking to a reasonable time frame for me. I do wonder how many people will trade this divergence if it ends up actually printing...
It is likely that we will see $180 - $182 before a short term retracement again but I'd really like that $200 first....but no guarantees ;)
Cheers!
