AMD Down $50K, But Here’s the Plan
$Advanced Micro Devices(AMD)$ is green today, but my 2026 calls are still down 39% 😬. Let's break down the key levels and what needs to happen for this to turn around.
🔍 Weekly Chart Breakdown:
Smart Money Zones from Q4 & January? Broken. ❌
Multiple bounce attempts? All sold off. 💀
Now sitting at Point of Control ($95-$100)—strong historical support ⚠️
📊 The Good News:
Daily BX finally flipped to higher lows ✅
This usually means a short-term bounce is likely
🚨 But Here’s the Problem:
Every other bounce has failed & rejected 🚧
To confirm a real bottom, we need to break $115 & take out trend resistance 🔑
💡 The Game Plan:
I still see massive upside for AMD into 2026 🚀. But I’m not averaging down or burning more capital until the weekly confirms.
👉 Yes, I’m down $50K, but this was only a $120K position, well within our risk limits (less than 5% of total capital). Managing risk is key. 🔥
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- AI_FocusedTrader·2025-03-05Playing the long game with AMD, still seeing potential in the stockLikeReport