I believe is moving slowly under the radar after testing the yellow support line in between the 0.78 and 0.887 Fib support levels at $76 and has already bounced from $76 to $94.
$AMD is almost moving now in sync with $NVDA, so if both have a bullish reaction to Trumps exemptions then we could see $AMD back up to the 200 WMA at $115 next for a big test.
I am holding and have not bought any more because I have enough exposure to this delicate sector right now with $AMD and $NVDA but under no circumstances am I selling $AMD under its 200 WMA.
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Shaylen
2025-04-13 21:54:08 +0000 UTC