Hi All.
Upward trend is now breaking for the $AMD stock, it is OVERSOLD and a green DOJI appeared.
1. Using the Heikin Ashi candles we can see a green 'doji' appear yesterday, which was then followed by a flat bottom green candle today. THIS INDICATES A BULLISH TREND HAS STARTED.
2. On the RSI, this stock is now OVERSOLD. As shown by the circles, the last time this stock was OVERSOLD it was followed by a BULLISH move.
Buy @ 95.59
Sell @ 112
Stop Loss @ 91.69
Disclaimer
When using the Hiekin Ashi candles to swing trade like I do, hold the stock for 7-14 days or until the bullish green candles stop.
DO NOT LOOK AT THE DAILY PERCENTAGE CHANGES AS THIS WILL DISCOURAGE YOU.
If the Hiekin Ashi chart still shows green candles for your move, hold onto the stock.
Upward trend is now breaking for the $AMD stock, it is OVERSOLD and a green DOJI appeared.
1. Using the Heikin Ashi candles we can see a green 'doji' appear yesterday, which was then followed by a flat bottom green candle today. THIS INDICATES A BULLISH TREND HAS STARTED.
2. On the RSI, this stock is now OVERSOLD. As shown by the circles, the last time this stock was OVERSOLD it was followed by a BULLISH move.
Buy @ 95.59
Sell @ 112
Stop Loss @ 91.69
Disclaimer
When using the Hiekin Ashi candles to swing trade like I do, hold the stock for 7-14 days or until the bullish green candles stop.
DO NOT LOOK AT THE DAILY PERCENTAGE CHANGES AS THIS WILL DISCOURAGE YOU.
If the Hiekin Ashi chart still shows green candles for your move, hold onto the stock.