Advanced Micro Devices Inc
Long
Updated

Amd - This stock still remains bullish!

2 341
🔥Amd (AMD) is still just heading higher:
snapshot

🔎Analysis summary:
The underlying trend of Amd is still clearly towards the upside. And looking at the higher timeframe, Amd could just create another all time high break and retest very soon. But after this strong rally, it is not a bad idea to also start taking profits along the way.

📝Levels to watch:
$250

🙏🏻Trusting the Trading Gods
Trade active
🔥Amd (AMD) already rallied another +30%:
snapshot

🔎Analysis summary:
Amd is just the living proof that technical analysis simply works. After we saw a textbook bullish break and retest on Amd, we also already saw a rally of about +150% in two months. Amd is definitely overextended, but so far this stock remains incredibly bullish.

📝Levels to watch:
$250

🙏🏻Keep your #LONGTERMVISION – Phil
Trade closed: target reached
🔥Amd (AMD) is now ready for a pullback:
snapshot

🔎Analysis summary:
Amd is still up about +15% over the past couple of days. But looking at the higher timeframe, Amd is also slightly overextended and ready for a shorter term pullback. The underlying trend remains 100% bullish though so any pullback will be a textbook setup.

📝Levels to watch:
$250

🙏🏻Keep your #LONGTERMVISION – Phil

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