$AMD reports later after the close and it has already started to make a positive move.
We can see that the price is at the 200 Day MA now which is also at the blue line at $164.....isn't that coincidental that they are both aligned now on the same day as the earnings report......
We just want more of the same from $AMD, as their other reports this year and the share price will look after itself.
CEO Lisa always does a great job in her earnings call and the market always appreciates her words....so give the share price time for her to talk.
Worst case scenario today and $120 could be retested over the next few weeks, best case: this follows our impulse wave to Wave 3 at $197.
SoulShallRejoice
2024-10-30 09:57:37 +0000 UTC