IMO, 11.88 is the bottom for the time being, we are still sitting in a bull pennant. Also, today (8/16), we tested the middle bollinger (12.52) and closed above it. If we maintain this, I think we see a lot of positive movement over the next few weeks. Time will tell :)
If it breaks here, all hell breaks loose #fireandfury
A buyer once it breaks through this downtrend
Breakout to the upside or continuation downward into oblivion...
Sitting on critical uptrend line. Bought in (again) today. If it breaks this line, I am taking a break from AMD. Hopefully sector as a whole recovers this week.
Trying AMD again today. 13.70 looks like good support (3 times previous strong resistance), and there's a curved uptrend since 5/1 ER drop. Setting SL below 13.70. Riding this up if this trend continues.
IMO, this thing goes higher pre-ER or through ER (15-16pps), but then RSI must snap back for correction. Sell once you see some good highs :)
Looking pretty predictable lately. This squeeze could be huge if earnings are good. Question is to sell before ER or hold...?
Staying in tighter channel thus far