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Sometimes in trading, patience is the most profitable strategy you’ll ever deploy. Markets love to throw people off balance, and it almost always overreacts — it’s always sell everything and then figure it out tomorrow.
That’s exactly why having a clear plan and waiting for the right setup matters when buying for the long haul.
I’ve been tracking Advanced Micro Devices (AMD) since last summer, waiting for it to hit a specific technical level — what I call the Market Roadmap line. It’s one of those setups where you mark your chart, set your alerts and let the price come to you.
And we finally hit it.
Now we’ve got a legitimate opportunity with defined risk and meaningful upside. AMD came down to the ideal support levels after reporting earnings, and we’re getting a revisit of the Roadmap line. This isn’t just a bounce — it’s the technical inflection point I’ve been watching for months.
The Setup: 2 Ways to Position Yourself
Here’s how I’m thinking about this trade, depending on your risk tolerance and capital allocation approach.
First, you can consider building a share position at current levels. The stock is testing support in the$190 zone and the downside looks largely played out.
Then we can use puts in that same $180-$190 area as protection. That gives you defined risk if it falls more while still positioning for upside if AMD gets moving.
The technical structure supports the idea that we’re nearing the end of the downside sequence. We made it through the 15-minute Roadmap line, and on the 30-minute chart we popped through and tested — exactly the sort of confirmation I look for before calling a potential turn.
The Upside Target That Makes This Worth the Wait
Here’s where patience can pay off in a bigger way.
The target on this setup is $400 to $600. That’s the kind of move that makes sitting on your hands since last summer worthwhile. We’re not just talking about capturing a short-term bounce, though that might come too. This is about positioning for a larger structural move.
And here’s important broader context: the AI obsolescence narrative — the idea that AI is killing every company in every industry — is basically done. That shift in sentiment alone can restart momentum in quality tech names like AMD, especially at a moment when the technicals and fundamentals finally line up.
This is how you build positions in strong companies at major support levels — with patience, with protection and with clearly defined targets that justify stepping in when the market overreacts.
Jeffry Turnmire
Jeffry Turnmire Trading
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I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader.
I’ve been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it’s the Eagle Scout in me.
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
P.S. Wall Street’s Been Routing Its Orders Through the Dark Pool
I found a way to trail them using a special class of securities called Supercharged Tickers.
Even better, I have a 100% win rate so far, and right now I’m looking to target the next opportunity…
We develop tools and strategies to the best of our ability, but no one can guarantee the future. There is always a risk of loss when trading past performance is not indicative of future results. From 2/5/2025 to 02/12/2026 the win rate on live closed trades has been 100% with an average return of 27.8% and average hold time of 18 days.
