In the spirit of @Tiptopptrader, I'll probably do a "1st tier buy" on this one if it drops down to the lower BB/50MA, then average down with a 2nd tier buy at the support line I drew in below.
Lower BB, 50MA, and my support line all approaching. If they can get a little closer together, that'll be a lot of support and a decent entry for a target of $9.50 in the short term. Not to mention, the recent news about building the wall becoming more real.
Just took a shot in this one at $8.53. Support at the 50MA, and then at $8.30ish from an uptrending support line. With Trump talking tonight, maybe this gets a boost if he mentions building a wall again.
Appeared to drop through support last week, but pushed back up above it yesterday, so support appears to still be in tact. Not sure how long a steep support line like that can hold though. Dates back through late last June.
Another one that I still watch because TTT brought it to life on this forum (Rest In Peace TTT), this looks like a decent entry point - although I'm still waiting for a slightly better price. Sitting near the lower BB, support line, and further support at the 200MA if it breaks under support.
This one's continuing to hold this support line/200MA. There's a wedge forming between the 50MA and the 200MA/support line, gotta break one way or another soon.
I remember when TTT used to post about this one I'm seeing that same resistance level. In my opinion, this one is highly dependent upon Trump's infrastructure plans. Whenever he would mention the wall, this one would go up, at least a year or so ago anyways.
i hate to be the bearer of bad news but TTT (Rich) passed away Rui https://www.stockaholics.net/threads/amd-advanced-micro-devices-inc.39/page-106#post-61560
Anybody going to play for a CX bounce off these near 52-week lows from the $1.5 T infrastructure plan slated to be announced tomorrow?
Took a shot on this one. Not the greatest risk/reward on my stop/targets, but I feel fairly confident that it's much more likely to hit my target than my stop.In at $7.53
Stopped out at $6.93 today for a ~7% loss. Much larger % loss than I usually allow myself to take, but it was a smaller position... Can't win them all.
