$AMD TOP 20
Added 2024-09-14 11:39:10 +0000 UTCI think everyone that added again with us at $135 are very happy right now
Especially those who have been holding with us since $98 last year.
Price managed to get above the 50 Day MA to finish the week and the next test will be the 200 Day MA at $160 and then the blue line at $164.
A hold above these levels and the bulls should be happy
We have a double hold here on the 0.618 Fibs so I have provisionally added the green 1.618 Fib at $197 to show where this next bounce can go to if we are in Wave 3, we still need a higher high next and to get above the blue line but I have added it in as guidance.
Comments
Check out the FWD PE and you’ll see the improvement
Gareth Neary
2024-09-14 13:13:54 +0000 UTCCap, what’s your thoughts on valuation of AMD. My trading app has it at a PE of 186, down from well over 200 previously. Is that what you have?
Nick E
2024-09-14 12:38:31 +0000 UTC
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