Replies to post #19647 on Advanced Micro Devices Inc (AMD)

[HailMary]

p.s.

The chart for the last few weeks looks a lot like the chart from september.

Sept 1st ~$11.0
Sept 9th ~$12.5
Sept 14th ~$11.0
Sept 21st ~$12.5
Sept 30th ~$11.0

It bounced twice over 2 week periods with a 12% drop each time. After Sept 30th it went on a huge 50% runup.

Nov 9th ~$16.5
Nov 15th ~$18.5
Nov 21st ~$16.5
Dec 1st ~$18.5
Dec 5th ~$16.5

Two bounces of a 11% drop.

I hope it repeats september's chart. It is going to resolve one way or the other. It is probably worth betting on that it is not going to sit at the current level of $16.50 (a strangle comes to mind). I would buy some puts here, but I can't. :(

HailMary

[Mysef]

Thanks HailMary.
Tomorrow being a Friday, we may test this 15.50.

It may be positive to have the weekend to settle.
Monday I hope the investors will resume accumulation.

Mysef