$AMD TOP 20
Added 2023-09-03 19:03:34 +0000 UTC$AMD had a strong week and comfortably holding above the 0.38 Fib at $102 now.
The next hurdle is getting above the 50 Day MA at $111 and holding.
Ideally we would like to see this break above, retest the 50 Day MA and then bounce, a successful retest and hold is a confirmation of support and a buy signal.
So this is what we will be looking for this week.
A rejection at the 50 Day MA and we wait some more and see where it finds support next.....ultimately this will recover to the upside again, it is a matter of when.
