SamSuka
The Long Investor
The Long Investor

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$AMD TOP 20

I was very happy to see that support was found this week on the 0.78 Fib at $141 and the price is already at $147 now and back out of the wedge again.

Still work to do here but with $NVDA's earnings coming up and $INTC reversing, then $AMD has a very straightforward route at least back to its $164 level, where the 200 Day MA is still at, so the confluence level is still present, the bulls will need to flip this level....but in the short term at least, we could see a +10% bounce to at least test this level next.

I am holding and may consider adding again.

$AMD TOP 20

Comments

First buy into AMD. Playing second fiddle seems to be my strategy 🤣 Now with SLV, NIO and now AMD… and I dare say HIMS too? Every one of these tickers is a #2 in their category.

Chris H


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