AMD Gap entry approaches
AMD $Advanced Micro Devices(AMD)$ flirted with the gap today outlined in yellow rectangle. Ideally the 20 Day SMA just became a, point of resitance-a as we enter this gap play. Take note of the indicators below. TTM Wave shifting negative, DMI- turning upwards, ADX overlay also in play. We had a Doji Day, Tug of war galore. Ultimately sellers won out. I am wondering, due to analysts recent repots, if people are considering dumping AMD for NVDA $NVIDIA Corp(NVDA)$, as NVDA has had even more epic (yet unrealistic) rise. I think AMD gap play is here, let it fill by end of week.
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