$AMD was tempting me this week to add in order to catch the relief bounce but it has struggled to hold the 0.5 Fib today at $160 and is down -4% so far today.
The 0.618 Fib is at $144 which would be very appealing and the 200 Day MA is moving up to this level now too.
$AMD has performed incredibly well after its last 2 earnings reports, bringing the price up from $90 to $225.
I believe $AMD is on the right track and getting this at $144 would be to hard to ignore.
Gareth Neary
2024-04-17 17:07:22 +0000 UTCDamien O'Sullivan
2024-04-17 16:58:01 +0000 UTC