$AMD TOP 20
Added 2024-05-05 17:17:58 +0000 UTCI am sticking to my guns here with $AMD, it has pulled back substantially and although the earnings was a beat, it was not a showstopper and in the same arena as $NVDA over the last 12 months.
$AMD and $INTC still have a lot of catching up to do but they are in the right sector and they are preparing to grow and their future, in terms of risk v reward, $AMD is still attractive here and holding above the 200 Day MA and the 0.618 Fib at $144 which we have noted as a must hold support level.
I still hold my position if I see a series of higher highs and higher lows next, I would have no issue adding to my position again.
Long Term $AMD is a solid hold for me.
Comments
Quick Question - are we not in Sub4 of Wave 3? playing around with fib tools...1.618 isn't closer to ~$315 for Wave 3 target? thank you
JD
2024-05-09 10:08:06 +0000 UTC
