I wanted to buy AMD at 44$ a little while ago, but I didn't do it because I was too late with buying and it kept rising from there. Kind of missed that boat, but I cashed out on INTC. Now AMD is falling back down after an amazing run - but this feels like trying to catch a falling knife. 46.2$ would be an ok price for me normally, especially after a -8% decrease,...
Longterm I am very very bullish on IBM, but I was in since 135$ so this was a nice trade. I am out for now, definitely looking to get back in.
I expect one more leg down, for a very bullish breakout later on - IBM basically pumped for something simple as a new CEO.
If it breaks out on this resistance, so be it! Good luck to everyone holding at this point, I...
