$AMD is under enormous pressure this week now as it continues to struggle to find support and the last chance to find support for me will be on the wedge bottom line at $131, which also aligns with the low in Sept.
This is also happening as we lead into $NVDA earnings
I will likely sell 50% or all of my position if $131 is not held and go to cash and will only reenter when this level is held again.
Do not wait for me to send a sell signal, I usually give a price as much time as possible to try hold the level so if you are not comfortable, then make the decision.
Adrian
2024-11-18 00:25:24 +0000 UTCGareth Neary
2024-11-17 19:33:30 +0000 UTCPhil Smith
2024-11-17 19:32:23 +0000 UTC