NickFi

AMD ready to bounce back?

Long
NickFi Updated   
NASDAQ:AMD   Advanced Micro Devices Inc
amd
After an incredible rise that started in February 2016, the last two weeks saw a significant fall in price for AMD. While the price is still very high, compared to what it was in 2016, it may be an opportunity to buy. There is a support line under $10 (because there are just two support points, this is not a real support line). There is another support line around $8.20.
Comment:
It appears I was too conservative when choosing an entry point and so far the price has not reached my buy target.

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