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.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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