pootpoot
commented on a stock · Nov 14, 2024 01:27
$Advanced Micro Devices (AMD.US)$ tomorrow I suspect a pullb...
$Advanced Micro Devices (AMD.US)$ tomorrow I suspect a pullback which will bait more buyers in thinking that is a double bottom. Friday is where it will flush down and take everyone by surprise.. just speculation. not financial advice.
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72837274
:
Ohh Your speculation ;) though agree it will bounce from this level strongly. Again nvdia earning next week so that for sure boom this to 150+ in few days.
pootpoot
OP72837274
:
what makes me think differently this time is that this bottom is just too close from last week. possibly lower and no block orders this time.
TheSmallLong
:
I hope I'm wrong but a testing of recent low when the indexes are doing just fine decreases the chance of a pullback. A double bottom on an otherwise uptrend in general market seems like a trap. For now, will just buy puts for Friday and play by ear. Stay safe all!
P3nutbutt3r : Hoping this pullback will materialise so I can at least offload my position without too much damage
72837274 : Ohh Your speculation ;) though agree it will bounce from this level strongly. Again nvdia earning next week so that for sure boom this to 150+ in few days.
pootpoot OP 72837274 : what makes me think differently this time is that this bottom is just too close from last week. possibly lower and no block orders this time.
TheSmallLong : I hope I'm wrong but a testing of recent low when the indexes are doing just fine decreases the chance of a pullback. A double bottom on an otherwise uptrend in general market seems like a trap. For now, will just buy puts for Friday and play by ear. Stay safe all!