$AMD TOP 20
Added 2024-04-21 18:10:35 +0000 UTC$AMD is really in a tricky position right now.
It finished the week right on the 0.618 Fib and above the 200 Day MA but the moment $NVDA lost its 50 Day MA this week, it nosedived -10% which is $200 Billion decline, this is not healthy to see....$NVDA has gone parabolic over the last year but revenue has been fantastic but we never want to see aggressive moves like this.
This move has sent shockwaves through the sector and $AMD and $INTC felt it hard on Friday.
Another day like this and there is no way $AMD can hold its invalidation line at $133 for Wave 4, it is already being pushed to the limits here now.
We will watch how this week goes, big earnings are out that can help the market and they also report on the 30th too.
