$AMD is one of two companies that are on my hit list when they pull back, I have been patiently waiting for signs of pulling back and although I am very happy with my gains so far and how this has been moving, I want more shares.
I am up nearly 30% here but what I like about $AMD is how well structured it has been since the start of this year.
I didn't buy $AMD in May and I patiently waited for the pull back to come and when it did I added.
Our strategy will never change, we buy when the market dips, not as it is coming close to the end of an impulse wave, I have a strict rule of never chasing.
The 50 and 200 Day MA are now moving towards the 0.618 Fib at $105, at the bullish trend line, this would be the best case scenario to add here.....but let's see if the market allows the price to fall back this low.