$AMD TOP 20
Added 2023-10-05 20:19:08 +0000 UTCInteresting here from $AMD, the pull back this week managed to find support on the 50 Day MA on the 1hr chart but is still struggling to get above the 200 Day MA on the 1hr chart, having been rejected twice here now since the potential low came in.
So there is certainly a fight going on here.
I believe the bears lose if the market gets a flush down to the 200 Day MA and bounces, we'll possibly get an aggressive bounce too......as many have been waiting on the sidelines to add for awhile now.
The safe money here is buying on the outside of the yellow trend line at $105.50, once it holds.
Comments
Looks like it wants to break soon .. daily hammer off 100 today ..
TommyJR
2023-10-05 21:03:09 +0000 UTC
