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AtticusRex

AMD Holy Grail buy on the DAILY

Long
Advanced Micro Devices Inc (NASDAQ:AMD)  
AtticusRex Updated   
NASDAQ:AMD   Advanced Micro Devices Inc
Chart Patterns AMD holygrail raschke reversalpattern reversalpoint
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chartpattern amd holygrail raschke reversalpattern reversalpoint
Market retreats to 20 period EMA after making new highs (for long positions)/lows (for shorts) with ADX (14period) >30. Some people use the 20 period SMA . Projection is a retest of the highs. Trailing stop. ***Failed grails tend to move (painfully) in the opposite direction.

Setup invalid below daily EMA (15.25)
Comment:
Edit: A close below 15.65 (previous 20 month highs) at the end of the month sets up a Turtle Soup Sell on the MONTHLY chart.
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