AMD
Looking to buy the 53.50 pivot against 51.50 and scale in my second half once it moves. All of the moving averages are trending up in ascending order. Great fundamentals with it being 1st in its group. The downward move off the earnings candle was most likely due to them cutting their forecast even though earnings was good; however, it found some support at that 50 level with the 50 day MA being right below that.
AMD
Looking to buy the 53.50 pivot against 51.50 and scale in my second half once it moves. All of the moving averages are trending up in ascending order. Great fundamentals with it being 1st in its group. The downward move off the earnings candle was most likely due to them cutting their forecast even though earnings was good; however, it found some support at that 50 level with the 50 day MA being right below that.