Buy the DIP!, AMD
have good earning, traders over react or just sold for profit before earning or and even shorted to buy lower. with that said the range is beautiful through the consolidation it haven't break that support lvl
for month that might be a good potential break to the upside. we know both anything happen and very quickly with the market ( volatility
). I am looking long through those swing if it triggers or hold that lvl
. Only if the volume
comes in and you can find the entry between 11.85-12.25 in the 1-5 min chart might be use full specific entry will offer better rewards. but of course that's not everything have to have rules for entry and exit and the best way is sell some on strength so we have range of 2$ and some cents you don't want to risk pennies for whole so, first half of your position at 1$ and let run the other half the danger zone. if you reach the danger zone sell 1/4 of your position and the rest break even or if it breakout sweet!
Now We all know the market is on the tin side and fragile. Keep attention on the market also.