$25 was the last resistance, I took some profits here and sitting it out to see if it can get above that level on this run.
Making another run at 25 this morning? Quite a lot of volume for the first 30 minutes of the trade day.
AMD, Micron Trade Higher After Report Says TSMC Seeing Smartphone Order Increase European semiconductor shares traded sharply higher Wednesday, lifting U.S. rivals such as AMD and Micron following a report that suggests a key Asia supplier is seeing more orders for smartphone chips heading into the second quarter.
I don't think it'll make it over the middle blue line this run, and I think this run will be over soon. Of course, I could be wrong as soon as today.
Short-term, yep. But I've been in AMD for a long time so it's no biggy to me. If I listened to you originally I would have sold that half at $25 a few weeks earlier I'm not tempted to add that half that I sold back in yet though. Need a much larger drop to do that. I still have a MUCH too large position in this, as I have for years. My 401K is almost ride-or-die in AMD... It's a huge exaggeration, but it's a significantly larger percentage even after selling half than I would recommend anyone ever put into one stock. I really should be phasing out even more.