Bearish Engulfing after overextended rally
Updated
AMD put in a bearish engulfing pattern on Friday. This comes after the (over)extended rally.
Nice bet on a reversal, going into the Q4 earnings on Jan 28. Bit more riskier than normal, because we just made a new high. Set a tight stop and don't risk too much!
Nice bet on a reversal, going into the Q4 earnings on Jan 28. Bit more riskier than normal, because we just made a new high. Set a tight stop and don't risk too much!
Trade closed manually
Formed bullish engulfing pattern today. Closed trade manually. Short term long trade not reasonable, as we are moving directly into the resistance above the window at 49.40
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