AMD : Further buy when price make a pullback to 15.5 area

AMD has been ranging between 10 to 15 since Jan 2017. Finally break the resistance around mid June 2018. Price make a pullback to retest and bounce from resistance turned support...
Expect to rally to 19 then 21 if price able to maintain above 15.5 (Resistance turned Support) area.

Wait for reversal signal and go long around 15.5 area.

Zlecenie aktywne:

Price entered support zone twice.. First hammer with lowest shadow at 15.9, second hammer with lower shadow around 15.7.

Good support around 15.5 to 16.00.
If today price able to close above 17.33, then high chances AMD to move towards first stop 19...

Transakcja zamknięta: osiągnięto wyznaczony cel:

Target achieved. May form Evening Star Doji pattern (Bearish Reversal Pattern)
Price might pull back to 0.618 Fibo retracement and retest Resistance turned Support at 17.4 area.