AMD: High Risk Reward Long +32%

So much hate for AMD from the collapse of cryptos but crypto GPU is such a small part of the business. AMD is trading within a well-defined flag pattern which would suggest it is a long continuation play. In any case, there is a clearly defined downside ($9.50) and potential upside ($13) from the flag pattern for a high risk reward long set-up and you get some optionality if AMD breaks on the upside on some IoT play.

Trade closed: target reached