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The Official AMD shares thread

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    50.11 USD +3.36 (7.19%)

    Should I watch out now?

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      You know what you should do, we already discussed it. Right now, the greed is telling you otherwise.

      10% of AMD gains into the XBT fund will dwarf your AMD holdings by the year end. You heard it here first!
      "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

      Comment


        CHART TIME!
        You are sat on an exact 50% retrace of the downward move

        The 0.5 to 0.618 zone (red) is the highest probability zone for another move down to start.
        36.58 is the next target if I were shorting this.
        Stop loss would be 53 dollars
        R:R is 4.68:1 which is pretty good
        To show I practice what I preach, here is my trade from yesterday on BTC (25x long). I entered on the green line at roughly where the red box is (in time).
        Stop loss is the dashed orange line and my take profit levels are the dotted orange lines
        R:R is 4.69:1
        Last edited by VirtualMonkey; 5 March 2020, 07:30.
        Your friendly neighbourhood VirtualMonkey - Not giving financial advice since...well...ever.

        Comment


          Could go either way. But one thing's for sure, it's going to be volatile.

          Expect lots of in no particular order.
          Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.

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            Analyst day today, high volatility expected....

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              My money says the $50 will be rejected..... and you've had a whole 48 hours to collect profits.

              If rejected it'll land at $29 before the next bounce.





              "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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                Comment


                  AMD stock is an ‘attractive opportunity’ amid coronavirus fears, analyst contends - MarketWatch

                  Govt subsidised PS5Pros for everybody!

                  Comment


                    Remember how I said 'you lucky fecker you' as the trading day was ending on a Dragonfly? Well today is 'What's for you won't go by you', and it would seem the riches are certainly not for you

                    Today's candle is the 'Gravestone', strong selling pressure from above. Next stop $42.







                    "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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                      Tomorrow should be

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