AMD breakout of downward trendline Long

Atualizado
Pattern: AMD broke above its downward trendline and today pulled back.

Edge: Positive Twiggs money flow, the stock is entering a "squeeze".

Risk Management: Buying at $22.33, stop loss $18.94, PT1: $22.70 (right around gap fill), PT2: $24.80
Nota
Sorry typo...Bought at $20.33**
Trade ativo
PT1 reached and we took 1/3 profits. Updating Stop loss to above entry price ($21.00) to make this now a risk free trade.
Trade fechado: objetivo atingido
We got stopped out of the remaining shares, but already had some profits booked. Pretty decent trade. May look to re-enter if there is another setup.
Trend Lines

Aviso legal