Wednesday, November 7, 2012

Adding A Little More to AMD Long

AMD long has been at a speculative position size or somewhat smaller, I'm going to bring it up to about 60% or so of a normal position as AMD is near the bottom of its nearly 2 week range, any additional add to's will be on a head fake break below the range on positive divergences.

Charts to follow, but AMD is positive out to 60 min with increasing positive momentum on multiple divergences. I'm looking for an area where I can take advantage of this market weakness and AMD looks like a good candidate.



No comments: