Semiconductor stocks are off to a solid start this year, up around 11% so far.
AMD has caught my attention as a potential play if we see some market pullback ahead. I'm tracking two key support zones worth noting:
- 223-224 range (full position entry) - 227-228 area (scaling in at half size)
The strategy here is straightforward—wait for a hold and reversal pattern at either level, then go long. If support breaks, the stop goes in to cut losses quickly. These price levels matter because they've shown up consistently in the recent tape, making them natural spots where buyers typically step in during dips.
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LuckyHashValue
· 6h ago
AMD's move is indeed interesting, but I don't think the key level at 223 can hold firmly.
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FarmToRiches
· 10h ago
AMD's support level is indeed attractive, but it's a bit early to enter now... need to wait for a pullback.
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OnchainUndercover
· 10h ago
If AMD really drops to 223 this time, I'll go all in, but it feels uncertain...
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BearMarketBard
· 10h ago
AMD's move is indeed interesting this time, but I don't quite trust the 227 level; it's too close...
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GateUser-e51e87c7
· 10h ago
This price range for AMD is indeed interesting; now it's just a matter of whether it can drop to 223.
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BearMarketMonk
· 10h ago
This price range for AMD is indeed tempting; it all depends on whether it can retrace to those two support levels.
Semiconductor stocks are off to a solid start this year, up around 11% so far.
AMD has caught my attention as a potential play if we see some market pullback ahead. I'm tracking two key support zones worth noting:
- 223-224 range (full position entry)
- 227-228 area (scaling in at half size)
The strategy here is straightforward—wait for a hold and reversal pattern at either level, then go long. If support breaks, the stop goes in to cut losses quickly. These price levels matter because they've shown up consistently in the recent tape, making them natural spots where buyers typically step in during dips.