$AMD TOP 20
Added 2024-09-22 17:55:12 +0000 UTCImportant week for $AMD next week, price is back up to test the 200 Day MA after a very impressive double hold on the 0.618 Fibs since August.
We can see at the end of August that the price rejected at the 200 Day MA and pulled back for a higher low on the 0.618 Fib, so breaking above the 200 Day MA will be important here to flip this moving average to support and again, $164 is an important level too for the same reasons.
I have added another smaller 0.618 Fib, incase a smaller pull back is needed before getting above this difficult range, so we'd be looking at $145 first at the 50 Day MA if this happens.
Again, it will likely come down to $NVDA breaking out too....if this happens, it will follow
