$AMD - Demand Zone Inflection Point Long

Advanced Micro Devices, Inc.NASDAQ

Description

⋅ Apr 10, 2022 10:40 PM

AMD is at an interesting inflection point right at a demand zone.

I'm expecting us to bounce from here and test 107, before moving up towards the gap at 116. A break below leads us down to 96, and then 87.50.

Regardless of the recent downgrade, this trade favors the upside.

Comments

Varrilete

⋅ Apr 12, 2022 2:24 AM

LOL maybe draw more lines, this trash is going down. That green line was amd`s buyback program, i guess they wasted a lot of money holding that line, now there is no buyers left