February 11, 2019

AMD and HOLX Consolidating

So, these companies really have nothing to do with each other. Except I see short term buying opportunities in both of these names. They are consolidating on an hourly chart, and I am looking for some range extension above my price channels. These are two names that I feel will make a strong move to the upside if they break free from their eastbound movement. Obviously, market conditions will play an important role. That being said, I love the upside in both of these names. Stay tuned…

about the author:

Charles Moon

Charles Moon is a technical "whiz kid" whose experience lies in scalp/swing trading. A patient educator, Charles excels at coaching/mentoring and can make complex concepts simple. Prior to joining the ranks of Prosper Trading Academy, Charles was a proprietary equities trader with Great Point Capital LLC. Coming from a retail trading background, his experience can help those with no experience trading to seasoned veterans.

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