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NickFi
2017년 5월 9일 오전 9시 58분

AMD ready to bounce back? 

Advanced Micro Devices, Inc.NASDAQ

설명

After an incredible rise that started in February 2016, the last two weeks saw a significant fall in price for AMD. While the price is still very high, compared to what it was in 2016, it may be an opportunity to buy. There is a support line under $10 (because there are just two support points, this is not a real support line). There is another support line around $8.20.

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It appears I was too conservative when choosing an entry point and so far the price has not reached my buy target.
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dariosavic
I had the same mindset, its a good R/R.
patterntrader
Excellent trade setup. If this happens, then there is a chance of making some pips. Thank you for sharing. Keep posting.
NickFi
@patterntrader, Thanks. I am still not sure if I should set the buy level lower than $9.70 (maybe around $8.50).
t703623
I think Monday 5th is a good time to buy shares. Too early to expect a reversal back to previous high.
NickFi
@t703623, Thanks for comment, You may be right, perhaps we need to allow it to rest for a while before expecting a re-bounce.
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