AMD island reversal happening? To fill gap up to 108?
- A big gap from 108 to 119 to be filled; Looks likely;
- Will it break Head and Shoulder neckline on 30mins chart?
- A breakdown will target 108 (also bottom of controlled buy channel on 30mins chart)
- Wed price action started to fall back into previous buy channel
My Watches/Plays
- Many long puts at strikes 80/85 to hold as maturing very well
- Will look to add seeing how it moves within the buy channel again
- This could come all the way down to 94 again (so will be closely observing)
Good luck, all
@Deposit @melson @TigerStars @CaptainTiger @LMSunshine
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The Bollinger Bands are a volatility indicator that measures the range of price movements. The bands are currently narrow, which suggests that the stock is not very volatile.
The RSI is currently at 48.39, which is slightly below the 50-day moving average of 50.00. This suggests that the stock is neither overbought nor oversold.
actually, you can learn a lot about how she think and operate in her recent interview with forbe. It will give you a clear direction where AMD will be going.
This stock was at 80 dollars when Lisa Su guided down revenue for next quarter.
Great ariticle, would you like to share it?
AMD is what you get when an engineer runs the company.
The technical indicators suggest that $美国超微公司(AMD)$ is neither overbought nor oversold and that the trend is bullish.
Stock market is always forward looking. AMD is the only company that can compete with both INTC and NVDA.
AMAD surged today, but you have been hiding. Now you decide to come out of your hiding place.