- Company: Advanced Micro Devices
- Stock Ticker: AMD
- Bias: Bullish
AMD has had an impressive year. What I really like is that beautiful double bottom with a higher low right off the 200 day simple moving average. Coming this Monday morning bullishness in the markets, I’m really liking a break above the candle on Friday.
I’d look to put a buy limit order at $19.84, and I’d place my protective stop at around $18.25. This gives me ample room to have a good risk to reward ratio as my target would be the