$AMD TOP 20
Added 2024-04-12 13:49:44 +0000 UTC$AMD is down -4.5% today after China instructed Tech companies in China not to use chips from $AMD and $INTC, this is a further escalation and a retaliation to the US embargo on some of their $NVDA chips selling to China.
Odd that the US would expect not retaliation to this.
Either way, $160 is the level to watch on the 0.5 Fib....losing this line will certainly show weakness and the next line of defence will be the 0.618 Fib at $144...the final level will be the 200 Day MA which has just gone above the amber invalidation line.
I think if $AMD reaches these levels, I am a buyers regardless of what happens.
Comments
Hi bro, did you mean that if AMD drop to SMA 200 on daily chart, which is around $135, you will buy aggressively?
Mark
2024-04-13 04:26:55 +0000 UTC![七瀬由衣[ゆいぴー]](https://samsuka.com/istorage/96657.jpg)
