AMD crossed below EMA lines after a good upward run. It has moneyflow divergence. Now it seems testing its overhead resistance from beneath, and we think it will fail to cross above & decline from here.
* Trade Criteria *
Date first found- March 8, 2017
Pattern/Why-Upward channel breakdown
Entry Target Criteria- Break of $12.96
Exit Target Criteria- $13.77
Stop Loss Criteria- $10.33
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date first found- March 8, 2017
Pattern/Why-Upward channel breakdown
Entry Target Criteria- Break of $12.96
Exit Target Criteria- $13.77
Stop Loss Criteria- $10.33
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Note
March 10th - Reversed from the lower channel line & Trading within the channel. Waiting for the breakout. March 14th - Seams forming a Head and shoulder formation, wait and see!
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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.
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
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.