Buying AMD - assuming the end of correction after the five-waves advance. Price broke the corrective trend line with increasing volumes, likely will continue the move.
Trade active
Note
I will close most of my position as price approach 62%. The prior bearish move marked with a yellow arrow is most likely the wave A of a larger corrective pattern. Of course, AMD may crawl to the high, but we will see how this wave will look like. So far it looks as a nice zigzagTrade closed manually
Closed 70% earlier as planned. Now, as price dumped, closed the balance, at $3 profit per share )))
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Disclaimer
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.