$AMD Short-Term Hold, Monthly Close Will Decide

PeterDiCarlo
03-31

$Advanced Micro Devices(AMD)$ bull cycle is still active.

Short term system still says hold.

I am going to be honest though. It is not looking great.

My expectation is that price fills the gap to the downside and I stop out around $160.

I am still holding because the system says hold.

Not because I feel good about it.

When the monthly chart closes red I am out.

If it bounces before that I will take the profit happily.

But I am not jumping ahead of the signal.

The goal was never to predict.

The goal is to follow a system long enough for the edge to play out.

That is it.

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