Advanced Micro Devices Inc (AMD)

[Moonboy1]

Just needs to reset. The RSI is probably in over bought territory. I don't think this sell off will last long. I saw a bull flag at the end of the chart and I bought in too high today as well(well wish I was high then I would have a much better excuse as to why I was chasing this today at peak levels). But the bear flag today indicates about a drop to 28. Then I would imagine another run up. This should have dropped yesterday I thought when I saw Clay but no then that analyst had to run his mouth. It sort of confused people I think. I was surprised this went up like it did yesterday and it suckered me back in here. But I think in a few days this will be back flying high. I also took a huge hit on an MJ play today. Well that is if I sell it. Went from 18.17 down to 14.56 and then settled at like 15.17 I think. Not a good day for me either. Not that it makes you feel better but I feel your pain.

This is all my opinion of course and is in no way investment advice.