Im Kamal
2022-04-01

$AMD(AMD)$are you okay?

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What had happened to AMD last night with a sudden bearish momentum

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Is this a game by institutional (dumb & pump) or it's really AMD losing investors' interests.

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Technical view, previously AMD break simple resistance with confirmation of DB pattern. In normal behaviour, anything break resistance will potentially retest the same zone or so call retest neckline of pattern

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 Despite, what the market say about AMD, Im optimist to buy it at current price zone but I wanna See simple reversal bullish candle in daily View. I think it's pretty safe as the risk ratio is within my capability

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However, any strong sign breaking strong support level below $100. This stock is really in deep trouble😅

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Till then I will buy first😎 what say you guys. Sharewith me your idea about AMD

Disclaimer:

This is not buy or sell call in market. It's for discussion among trader only

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • zingzy
    2022-04-01
    zingzy
    I think AMD is a great company and maybe last night's drop was just a pullback.
  • bouncyo
    2022-04-01
    bouncyo
    My view on AMD is also more optimistic and I think last night was an inter-institutional game.
  • cozyzi
    2022-04-01
    cozyzi
    I didn't read AMD's move yesterday either.
  • InvestToEat
    2022-04-01
    InvestToEat
    amd?
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