Latest / How to Trade Stocks and Options Podcast with OVTLYR Live
Stop Buying AMD & Watch This!
Another day, another dip, and the buy the dip crowd is louder than ever. But let’s be real—just because AMD is down 50% doesn’t mean it can’t drop another 50%. Some people thought $150 was a great deal. Then they thought $130 was a steal. Now it’s at $110, and they’re still calling it a discount. But is it?AMD is in a Stage 4 DowntrendThis is classic falling knife territory. AMD isn’t just “cheap”—it’s in freefall. Stocks in a Stage 4 downtrend don’t magically reverse because people want them to. The real question: When does it actually become a buy?Here’s the key:✅ 10 EMA over 20 EMA✅ Price…
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