$AMD is one of the big ones we are watching this week on Tuesday, it finished the week strong and held on the 0.618 Fib. $NVDA also held well to end the week too.
$AMD has had a very strong pull back from $227 to $145 and our Wave 4 remains valid.
A strong earnings here and we could see a strong bounce and the 50 Day MA at $175 at the 0.38 Fib would be the target.
$AMD always performs well after its earnings release, especially with CEO Lisa speaks, she is a professional and the market have a lot of admiration towards here.
Something to bare in mind this week.
$AMD is on my watchlist this week but I am unlikely to play the earnings game.