AMD
is currently trading inside an ascending channel, which looks pretty solid at containing the price action. I would wait to get into AMD later as I suspect the price will drop to the bottom of the channel. Target entry at around $13, target price is sell is whenever it hits the top of the channel. (Or sell out at the resistance of $15.67).
Comment:
I wouldn't be afraid to buy here ($13.26). No cash though (shorting USLV)
Trade closed manually:
broke support