Advanced Micro Devices Inc
Short
Updated

AMD: Looking a bit bearish

1 271
Sort of taking a break from posting about SPY which never seems to do anything interesting.
So posting about AMD which I have been day trading more frequently recently.

Looking at AMD, expecting some upside initially to 145 region, perhaps a gap up into Monday, but overall, the impression is a pullback towards 136.55 and potentially 134.

Probability is to the downside here with the general forecasting outlook being rather bearish tilted.

Let's see what we get on Monday, but expectation is that the pullback should be starting Monday, mid-Monday.


Not advice and as always, safe trades!
Trade closed: target reached
All targets hit.

No further opinions on AMD at this point, but if people like AMD and want me to post about it next week, let me know.

Safe trades all!

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