Inverse head and shoulders on AMD on the hourly. Short term play might be smart for AMD. Analyst day with rumors of RDNA 2, Zen 3, and MSFT special guest.
Maybe a gap fill and maybe get above trend? Id like to see both.
$AMD is flagging on top of an ascending channel that spans back two years to end of 2017. If we break out of this channel on the daily, we are going to explode. It can also reject to earths core, so keep your guard up.
AMD bounced off of the FIb level shown. 37.76 perfect bounce. Looking good got some short term 38.5c. AMD Jan 2020 45c are still being bought up and look good for a little monthly play.
This is not investment advice I am not liable for anything.
Hello all, great bull run yesterday! I think we are looking to get back into trend but all the Tariff talk can make any stock in the S&P 500 a little scary. We will probably be back in trend soon. Keep an eye on AMD.