$AMD TOP 20
Added 2024-07-31 08:43:17 +0000 UTCNo changes to the $AMD chart, price went within $1 from the impulse invalidation line at $133 and managed to hold here into earnings.
Price has now jumped to $151 in the PM after a positive beat on earnings and increased guidance and is now back at its 200 Day MA to test from below.
Big bullish signal will be to flip the 200 Day MA to support at $153.
$NVDA, $SMCI and $DELL are all above their 200 Day MA, so $AMD would need to do the same.
$NVDA had a very harsh sell off day yesterday, there appears to be some relief for the market today, so we will watch this as we wait for another important day tomorrow, with $AAPL and $AMZN reporting.
Comments
Will likely depend on the sector overall
Gareth Neary
2024-07-31 08:59:40 +0000 UTCHi Do you think by end of this year double top 240?
Jedi
2024-07-31 08:51:18 +0000 UTC
