Slothcharts14

AMD ST Trade Idea

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NASDAQ:AMD   Advanced Micro Devices Inc
Small risk/reward but curious to see if we move back to the top of the range shown. Showed strength today with the overall market mostly down - RSI is close to that 40ish range where it likes to bounce from and MACD - although bearish - can change with AMD's volume given good news, not too concerned about that with the tight SL set at roughly 5.5%. It's not about one trade but the majority of trades with these plays so could add small lots if tomorrow we dip down to $28.4-$28.5 and move the SL with the average down. Time will tell as it always does!

GLTA
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