AMD Short Term Trade

in #trading7 years ago

AMD faced stiff resistance at the 38.2% for some time but had a breakout today. RSI and MACD confirm price reversal to the bullish zone. DMI remains bullish for the long term and the trendline is moving past 20 to indicate a strong trend. I anticipate some resistance at the 61.8% FIbonacci line as there was a previous reversal in this zone. Traders should look to take profit near the 61.8% zone and look to re-enter the trade if the price bounces from the 38.2% Fibonacci again.

()

Check out more details on this trade here:

https://www.tradingview.com/chart/AMD/lDOUxspI-AMD-Short-Term-Trade/

Sort:  

Congratulations @maxiimos! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

You got a First Reply
Award for the number of upvotes received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Congratulations @maxiimos! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

You got your First payout

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Congratulations @maxiimos! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

Upvote this notification to help all Steemit users. Learn why here!

Congratulations @maxiimos! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

You got your First payout

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

Upvote this notification to help all Steemit users. Learn why here!

Congratulations @maxiimos! You have received a personal award!

1 Year on Steemit
Click on the badge to view your Board of Honor.

Do not miss the last post from @steemitboard:
SteemitBoard World Cup Contest - The semi-finals are coming. Be ready!


Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes


Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Congratulations @maxiimos! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You made more than 600 upvotes. Your next target is to reach 700 upvotes.

Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

Be ready for the next contest!
Trick or Treat - Publish your scariest halloween story and win a new badge

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @maxiimos! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.16
TRX 0.17
JST 0.029
BTC 69437.28
ETH 2488.70
USDT 1.00
SBD 2.54