AMD: NEW OUTLOOK IN 2024
I am super happy with AMD’s price action today, more so because of the 63M-share volume than the $2.69 price gain (though I am grateful and appreciative of every penny I can have).
The volume of 63M shares in a slow trading day such as today on Wall Street is very significant, for it is equivalent to 120M shares in a regular trading session. 63M shares traded with a $2.69 gain signify that there were a lot of buyers for AMD today. We have a high probability of taking out $150 tomorrow.
AMD will fly into 2024. Like I said $300 to $400.
Be patient our rewards will come huge. Congrats all the long investors.
Happy New Year to all!
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