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Bluecaller
Sep 18, 2021 1:39 PM

Next week green Long

Advanced Micro Devices, Inc.NASDAQ

Description

AMD doing what it always does in September. Almost never sees 4 weeks red in a row. 5 out of the last 6 were red. Volume is trending back up this week. Could be range bound like last time, but I believe a retest of 120+ is in store by next ER. The 50d is also the 50% fib retracement. Squeeze momentum is as huge as it has ever been, yet shorts have been attacking this like crazy likely due to Sept seasonality, ATH in tech, quad-witching.
Comments
cryptochatter
Same idea as yours, some other bullish TA in play as well, bull divs on 4 hr rsi and inverse H & S
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