AMD tested 41.20 which is both a minor horizontal support as well as a 100% fib extension. It is the strong rebound candle (long and engulfing) from there that is shouting a "buy!". Looking to scale out on the fib levels up or trail the stops. However should the market tank again (since this corona virus fear hasn't peaked), then I would be interested to long between 34-36 (major horizontal supports there)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.