Hello Traders, In this video I tried to talk about my view on AMD... The price of the stock will be hugely depended on the Virus situation moving forward... As long as we do not have a second wave on the virus or big sell of on the stocks It should grind higher...
Do not ever Forget the content on all of our analysis are subject to change at any time without...
Paper trading on 1min chart with Bollinger Bands , Keltner Channel, and JustUnceL's Scalping Tool (Script: ).
Indicators are:
# RSI with 5, 9 EMAs and 30:70 channel
# MACD with 14 EMA
# ADX
# Green are buys
# Red are sells
Hi traders,
Another recap of today's ID session. Great mover AMD which I was planning to go Long in failed and instead offered a great Short opportunity.
Key takeaways from the video:
1) Always be ready to be wrong in your expectations and profit from the other direction.
2) Watch for relative strength/weakness compared to the overall market!
3) Wait for the...
Good looking potential Short on AMD using our Roller Coaster Indicator Suite.
Watch out for the previous Bullish trend wave 4 pivot highlighted in the Video using our Elliott Wave Indicator Suite. Our entry short needs to be below this pivot....
Select Trend Line as a drawing tool, place a point on your chart, hold Shift and start moving the 2nd point - Trend Line angle will change to 45 degrees accordingly.
$AMD Stock Trade update - traded the breakout as in shown in previous videos, we are approaching key resistance so time to book half profit and keep the rest in case it goes further north which I do expect to happen.
When you short a stock you are taking on infinite risk, if the roles were reversed I would not be as tactical with this position. For now, it looks like we will trade slightly higher before another opportunity to short appears.
