$AMD continues to follow the Mega Caps and has plateaued too over the last 10 days.
I would still like to see this pull back more before considering adding to my position.
The 50 and 200 Day MA are at the 0.5 Fib and 0.618 Fib, so this would make sense....just need to see it happen now.
Otherwise, we will sit and wait and not chase at these levels.
There are better opportunities to buy right now then chase this with the strong chance that it pulls back further first.
Lyndon Richards
2023-12-03 13:55:44 +0000 UTC