jangseohee

AMD, short-mid term bearish

Short
NASDAQ:AMD   Advanced Micro Devices Inc
AMD has been making a potential rounding top since end of July 2020.
Neckline of ~73.65 is important.

If this neckline fails to hold, the next downside target will be around 55,

and worst case around 42.

I have no control of the timeline but it could take almost a year to hit this target in a slow dead manner

This analysis is solely for educational/research purpose


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