AMD... any potential to challenge ATH & close with NATH?
$Advanced Micro Devices (AMD.US)$
1) likely going to challenge ATH 122 area
2) potential with NATH with earnings report round the corner
3) need higher Vol. to push this 🚀 up
1) likely going to challenge ATH 122 area
2) potential with NATH with earnings report round the corner
3) need higher Vol. to push this 🚀 up
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Jane x : Excuse me, do I need to come out before the financial report
mobybird OP Jane x : yes, u may TP:-
1) on that day or before earnings report
2) or at your comfortable area anytime
3) or near resistance area 122
4) or by looking into chart for weakness then only TP
5) or TP half of your position & take risk half of your position for potential BO for NATH
can't give u specific answers bcoz I don't know:-
1) whether u r LT or ST investor
2) what is your position size
3) what is your entry price
I am a ST investor and I Ep near support & TP near resistance by looking into price & Vol. movement andI may Ep back when BO.
I will look into my chart to make my decision. On general, Yes normally ST investor do TP on or before earnings report as all the price have been factor in.
Most of the time price move ahead of news. Hope I m able to answer your question & also be a guide for u to make good decision for your investment.
cheers
Jane x : Thank you very much for your patience and detailed answers. I wish you the best of luck!
mobybird OP Jane x : Good luck to u too