AMD continues to show strength with expanding bollinger band and good MA price action!
- Reference last sharing on AMD; It has played out exactly how was analyzed!
- MA5/MA20 cross has been a good TREND indicator
- Expanding bollinger band with price action hugging the top line does show room to go up
- However, it has gone beyond too much and due for a pullback to 94 tonight
Going forth
- 2 bull flag scenario that can play out - target 94 and 105
- Watch out for pullbacks and if supported by MA20 (82)
Good luck all! Happy that my sold puts are maturing well with this run.
@TigerStars @CaptainTiger @Deposit @LMSunshine @melson
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Thanks👍