AMD taking a breather? I've had quite a bit of success last year with levels on my old pal, AMD but have been ignoring him for the most part as I focused elsewhere.
However, dowsing earlier this week told me to check it out for a short entry at $140. We're there, and it could go a bit higher, but today seems the day to reverse as I repeatedly get a "spike up and reverse down" scenario in indexes and AMD.
I was also told to get a date, which is the 12th, next Friday. Dates are typically reversals, but sometimes nothing I'm aware of.
I think I'm slowly figuring some things out with timing as I'm usually so early. This is a good example. When I asked about a downside target a couple days ago when it said to look short, dowsing gave a price HIGHER! Hence the $140 number and my indication it wasn't time yet, but there will be an opportunity soon. I hope this works out as it could help me with a lot of things. I seem to have more accuracy on AMD for some reason than other stocks, but maybe that's because I focused and practiced with it a lot? Idk.
Watch the time this morning in one hour. 11:40-50 for indexes to begin a roll. My times of day have been helpful lately and I'm sure AMD will follow to some extent. AMD hod atm $140.52