AMD is currently heading towards all time lows. We could see a bounce at $2.17 but I am holding out until we hit $1.80 and I will be looking to go long with a target of $5 - The all time low is $1.62 from 2008.
AMD sales have been poor due to their arrogance towards supplying lower spec laptops/tablets with there processors, however, I suspect in time they will...
I've initiated a small position on $ULVR.L (Unilever) - If we look at the attached chart price is currently 27% from the high in September 2019. It is currently sitting on a pretty solid support level @ 3888 , however, if this fails to hold the next level isn't far away sitting at @3700
We also have two ascending trend lines (depending on where you draw them)...
Buy signal indicated on 27th October at $213. Price is now at 207 which is a good entry IMO.
Looks like price is respecting the 200ma on the 4 hour chart. If it stays within the triangle I think we will break higher over the next couple of weeks as earnings were solid albeit a slightly bearish outlook from the company.