it’s oversold
$Advanced Micro Devices (AMD.US)$ sharing a story of my previous trade on AMD. Back to last last eanring report, it jumped above $150 and then down to 142. i was happy to take the drop. Then it kept dropping to 125 due to the Japanese carry trade. When it rebounded back to 135, I stopped my loss. However, it kept climbing back to 160. This is a company with very high growth so I should have been patient.
its up and down but as long as its high growth still there, dont let the momentum kills you ( especially the wall street manipulation).
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70195760 OP : I’m no saying buy now. Everyone who likes this company can pick any price entry point you want. But if you got a bag, just be patient.
70195760 OP : And all the analysts 12 months price forecast is between 170-220. That is why and what I am waiting for.
JohnK628 : it seems to be....eh.
DAVIDJ94 : Bag holder at $156! Waiting game.