AMD has a bullish long-term outlook and is a buy at the bottom of its range, but current mid-range positioning warrants caution against adding or hedging.

AMD, this one's a lot of chatter about this one in the community. Um AMD and Broadcom, I think, are huge for the future. And here, I did say bullish last week, bullish at the bottom.

And let me zoom in. I have my little I got two AMD charts here because I do want to share this one. This one first is my trading box, the trading range which is between uh 457 and 580.

Again, you see this thing around 455 457. You can just close your eyes and buy it. It'll be fine.

Um but this one huge future range writer box rolling around. I just wanted to zoom in there. It does look like it is again overbought on the mean reversion. So, I would not add here because half of the gain is exactly happened from the bottom of the box to the middle of the box here, which is 521.

Could it go right back to 580? Yes. Will it? I'm not sure. Um, I'd be careful adding positions here. I'd also be careful hedging here. So, it's one of these things where we're right in the middle of the box.

I like to hedge at the top of the box, buy at the bottom of the box, but in the middle of the box, it's no man's land. So, do not do not get caught out there.