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drchelsea1
Sep 11, 2020 3:40 PM

AMD - $77.75 / Time to Dip Your Toes... Long

Advanced Micro Devices, Inc.NASDAQ

Description

0. Notes to follow later;

1. 16 percent from the highs, Bulkowski showing this as average decline;

2. Stock may try to hold here;

Comment

3. Bears are shorting at the trend and break line, hoping for another large drop and gap fill;

4. This may be a FAILED breakout to the downside;

5. Small position here, if you are looking to add AMD to your portfolio;

Comment

OPTIONS

6. If you are day trading, or trading options here daily, tight stops in case AMD breaks to the downside here.
Comments
tubsim
What do you think of Nvidia’s new GPU and Intel’s Tigerlake in terms of adjusting the fundamentals of AMD going forward?
drchelsea1
@tubsim,

I wrote a nice multi-part response here, and it got deleted - I do not like wasting time :( I will do a separate posting about INTC, AMD, TSM and NVDA - for all to see. Four of my favs, and the future as we see it. I had some great quotes for Dr. Lisa Su, great formatting, perfectly bulleted, NVDA, 3070 / 3080 / 3090 / reviews / AMD / October / Engineering Samples / 4000 Series, Big Navi, INTC 14nm, 10th Generation, 10990K / 10850K / 10700K / 10600K, INTC 10nm (AMD 7nm equivalent), and so on! So frustrating.
tubsim
@drchelsea1, ah..that’s frustrating, would have been a great insight from you. Looking forward to your separate post about it all. Have a good weekend.
bullhead-beartail
King of AMD :)
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