$AMD TOP 20
Added 2024-11-03 18:31:17 +0000 UTCThe Semis got hurt this week....earnings was a slight miss but the market has come to expect blockbuster earnings from Semi's now...so any blemishes and the market loses some fate......coupled with the $SMCI fiasco and $INTC's abysmal report, it has been a difficult week here.....it could have been a lot worse had $NVDA not have ended the week strong.
There is weakness now below the 0.618 Fib and its back into its year long triangle.
We want to see this hold and keep above the low from early Sept at $131.
Once this is held, $AMD can recover, below this level and the market may not be kind.....$120 is a possibility again.
