drchelsea1

AMD - $91.11 Time To Dip Your Toes

Long
drchelsea1 Updated   
NASDAQ:AMD   Advanced Micro Devices Inc
0. $91.55 looking like a great entry point here.

1. You are really going back to July 2020 in terms of pricing.

2. The risk / reward here seems great.

3. Would be looking to enter a position here and average down at:

- $89.95
- $87.50
- $82.50

Cheers.
Comment:
4. $91.11 to $91.55 / We are opening a new position in our short term trading account. We have AMD since long ago in the long term.

- drchelsea
Comment:
5. We like the risk reward into earnings here. Going 1000 share blocks, up to 5K shares, all the way down to $82.50 if it goes. Holding through earnings. If it gets creamed, then short term becomes more long term. Let's see how low she goes.
Comment:
UPDATE:

1. So we took a position at $91.11
2. We also doubled our position at $89.55.

We are waiting for further downside to add in 1000 share blocks. We will not be deterred.

Cheers.
Comment:
We have enough capital to go 10K shares with this one, and all the way to $72.50 if we have to. Won't be necessary.

AMD buyback program in effect. Shares will have a floor. Trade accordingly.

Cheers.
Comment:
Making a comment about Markets and tops and bottoms:

1. Tops are in when people are all in, and rational exuberance takes hold. And all the shorts are broke.

2. Bottoms are in when the shorts are all in, and rational exuberance takes hold. And all the longs are broke.

3. After #2 Mr. Market will proceed with Bear Market Rallies and other nonsense, until all the shorts and bottom fishers
are washed out.

4. Once all the punters are broke, both long (ALREADY BROKE) and short (RECKONING AROUND THE CORNER),
the market will go up in an orderly fashion, and probably end with panic buying, and a complete BLOW OUT of the
shorts. Just like the LONGS, you must be wrecked before this is over.

We are almost there.

- drchelsea
Comment:
2:09 EST April 22 Market Meltdown

AMD hits $88.11 we are in for another 1000 shares.

Average down in times like, start small based on capital, slowly
take the names you want.

Wait for the future :)
Comment:
UPDATE April 26 2022

Without fear another 1000 @ 86.11.

As we continue to average down, to hopefully 10K shares at a low price :)

Cheers.
Comment:
Support for AMD

$85.55 / $82.50 (Line in Sand)

After - Down to $74.55 as Max Pain
Comment:
UPDATE

APRIL 26 LOW - AFTER HOURS

I forgot to update this Idea.

Two days ago, when Google Tanked, we had a "Good Until Date" order, which
includes after hours for $82.55.

We NEVER expected it to fill.

To the person who sold us 1000 shares at $82.55 I SALUTE YOU!

Reminds me of Gladiator, just like

AMD SHORTS

"For those that are about to die, we salute you!"

- Drchelsea
Comment:
Current Position 5000 Shares

1. $91.11
2. $89.55
3. $88.11
4. $86.11
5. $82.55

5000 AMD @ $87.48

CURRENT PRICE OF AMD $89.00 1:14est APRIL 28
Comment:
Current Position 5000 Shares

1. $91.11
2. $89.55
3. $88.11
4. $86.11
5. $82.55

5000 AMD @ $87.48

CURRENT PRICE OF AMD $89.00 1:14est APRIL 28

PROFIT SO FAR = $7500

See you in 10 years.

-drchelsea
Comment:
We also have enough for 5K more shares, as per this idea, should we move down towards $74.55
Comment:
UPDATE

Shorts are going to have real problems here.

S&P crossed the Inverted Head & Shoulders Pivot at 415.11.

Good Bye Pumpkin Pie

-drchelsea
Comment:
UPDATE

We are up $50,000 on this position so far.

Rocket Man

Elton John

She packed my bags last night pre-flight
Zero hour 9:00 a.m.
And I'm gonna be high
As a kite by then
I miss the Earth so much I miss my wife
It's lonely out in space
On such a timeless flight
And I think it's gonna be a long, long time
'Til touchdown brings me 'round again to find
I'm not the man they think I am at home
Oh, no, no, no
I'm a rocket man
Rocket man, burning out his fuse up here alone
And I think it's gonna be a long, long time
'Til touchdown brings me 'round again to find
I'm not the man they think I am at home
Oh, no, no, no
I'm a rocket man
Rocket man, burning out his fuse up here alone
Mars ain't the kind of place to raise your kids
In fact it's cold as hell
And there's no one there to raise them
If you did
And all this science
I don't understand
It's just my job five days a week
A rocket man
A rocket man
And I think it's gonna be a long, long time
'Til touchdown brings me 'round again to find
I'm not the man they think I am at home
Oh, no, no, no
I'm a rocket man
Rocket man, burning out his fuse up here alone
And I think it's gonna be a long, long time
'Til touchdown brings me 'round again to find
I'm not the man they think I am at home
Oh, no, no, no
I'm a rocket man
Rocket man, burning out his fuse up here alone
And I think it's gonna be a long, long time
And I think it's gonna be a long, long time
And I think it's gonna be a long, long time
And I think it's gonna be a long, long time
And I think it's gonna be a long, long time
And I think it's gonna be a long, long time
And I think it's gonna be a long, long time
And I think it's gonna be a long, long time
And I think it's gonna be a-
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