AMD - Minor Low Buy

AMD created a strong trend post earnings and has pulled back. An L1+L2 pullback was supported on Friday.

Like TSM, volume lurks overhead. Additionally, resistance exists on the weekly chart.

I am looking from an aggressive entry on the Friday minor low candle breakout. Prices are supported by volume and the trend. If prices continue to pullback, I will look for minor low breakouts as entries.

Kommentera:

I missed the breakout entry due to the 12/6 gap that entered and hit my initial profit/breakeven, before falling throughout the day.

Lots of followthrough if entered and held.