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IAmNotUncertain
Mar 17, 2021 4:40 PM

$AMD 3/17/2021 Long

Advanced Micro Devices, Inc.NASDAQ

Description

AMD was beat up with the tech sell off and I expect a rebound especially with Semi Conductor Shortage and White House working on a solution. It is Oversold and MACD has shown a signal.

It could break $77.44 support and trend back down to $73.89 if the 10 YR Note continues to be a problem otherwise I see a trend back to ATH in the next 2 months. Stop loss 2-3% past $73.89 The next support would be ugly.
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