AMD shaking out weak hands
Updated
Im in this stock for the Long haul, and wanted to update today seeing how it had a rough sell-off. From what i mention on callouts on chart, I believe today is simiply taking out the weaker hands. Market had fed meeting which announced no change to rates which is a good thing. Amd ceo had some nice partnerships she talked about on Mad Money with Cramer. I bought more today going into close . June 21, 30$ options added to position.
Note
Looking for a strong close today, if it happens AMD may be looking to end week in style. will update ahNote
Update on bullish activity. Options for AMD expiring next week 5/10 has had 17,000 31 calls traded today. And looks really bullish from a option activity outlook. Please feel free to add anything , as Im always looking for criticism, and feedback.
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