AMD - Bull Flag

18 févr. 2021

We were in a pattern on Tuesday that price action broke out of (lower). This is the dominant consolidation pattern AMD has been in. This stock is on my shortlist of stocks to load up the truck if it pulls back to its 200 MA on the daily chart (pictured). We still have a ways to go. The question is, will we meander sideways for a while to let the average catch up with us, or will we fall hard and spring off? Keep this one close when we have a big sell-off day.

3 mars 2021

Note

We're getting really close to a BUY signal with this stock. Seriously, be patient. Buy the bottom of that flag. That Feb-23 candle is telling you that it's ready to move upward again.

20 mars 2021

Note

This is my personal bellwether for the tech sector. If this breaks below the flag, they'll all breakdown.