$AMD has done incredible work since reporting and it has broken cleanly out of the channel now and we can see on the 1hr chart that a small retest of the trend line from above has taken place and so far it has held support and bounced.
We have been here before at the start of October and when the price retested the trend line, it did not hold and came down leading up to earnings....many of us bought on this pull back but it is also an indication that we need more confirmation of support to show that $AMD is truly reversing now.
I was very happy with their earnings and CEO Lisa's call, showing where the growth for 2024 would be coming from, so I am certainly happy to be holding this at least until 2025.
The price is now above all lows since the start of August, so all of us should be in profit here.
So well done everyone for buying and holding.
Gareth Neary
2023-11-03 18:26:41 +0000 UTCBrian
2023-11-03 18:14:18 +0000 UTCRihards
2023-11-03 16:49:47 +0000 UTCRihards
2023-11-03 16:48:36 +0000 UTCGareth Neary
2023-11-03 16:23:38 +0000 UTCLyndon Richards
2023-11-03 16:12:28 +0000 UTCmakis
2023-11-03 15:59:49 +0000 UTC