AMD - Good structure built 

- As we know it gapped up from earnings

- Importantly, it filled the gap before going back up ==> Built structure

- To break 100, it now has structure below to support it

- If it breaks 100, it needs to retest 100 in pullback before it can go 105/110.

- Or pullback to 95.

@TigerEvents@TigerStars@Deposit@YTiong

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  • tamira
    ·2022-05-06
    I don't think it will cross 100 pretty soon. May take a few weeks!
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    • Asphen
      yup. it was supposed to be but rally did not happen. delayed.
      inverse Head and Shoulder forming on SPY and double bottom on nasdaq. short squeeze happening soon once bear trap fully formed
      2022-05-06
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  • JC888
    ·2022-05-05
    Forgotten that AMD has acquired Xilinx? How much of the Plus-es are contributions from Xilinx? If AMD is able to provide the breakdown - salute them for transparency. Otherwise - mehhhhh. LOL
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    • Asphen
      I think i saw the breakdown in one of the FA analysis.
      I'm more into TA as to Mr, price action speaks to where it will go. FA means little in this climate where market is insane. haha
      2022-05-05
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  • Lynn098
    ·2022-05-06
    With the recent market volatility, Nasdaq will likely have to turn up before this can break up above 100
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    • Asphen
      yes. and nasdaq will need visit 12.2k first.
      2022-05-06
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  • Desumond
    ·2022-05-07
    great analysis. thanks for sharing! just wondering if it goes up, will it hold for awhile...
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    • Asphen
      depends on the approach. if parabolic, it will not hold. 140+ is a possibility.
      2022-05-07
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  • yinghao94
    ·2022-05-06
    really a great company
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    • Asphen
      yes
      2022-05-06
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  • mars_venus
    ·2022-05-06
    chiong next week ah... [Grin]
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    • Asphen
      hope so!
      2022-05-06
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  • YiCheng0301
    ·2022-05-06
    Not an easy task to hit 100
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    • Asphen
      will break this year
      2022-05-06
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  • Junweicool
    ·2022-05-06
    Still has growth
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    • Asphen
      yes. see 145
      2022-05-06
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  • whitewolf69
    ·2022-05-06
    thanks for the read good article
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    • Asphen
      you welcome
      2022-05-06
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  • Juvie
    ·2022-05-06
    only a matter of time
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    • Asphen
      Indeed
      2022-05-06
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  • Asphen
    ·2022-05-07
    Update 7 May 2022

    Validated. although it went below for awhile, it closed at the good structured support level of 95.

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  • Darkvin1987
    ·2022-05-06
    Can AMD take over INTEL..??
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    • eo1668
      yes, good at the growth
      2022-05-06
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  • EugeneH
    ·2022-05-06
    help to like
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    • eo1668
      done
      2022-05-06
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  • BKT
    ·2022-05-05
    Good. Pls like thanks.
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  • SquareGuy
    ·2022-05-06
    like...really like amd $AMD(AMD)$
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  • Eng22
    ·2022-05-06
    Wonderful.. Happy to see it stronger after earnings report
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  • phongy 45
    ·2022-05-07
    great investment
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  • _dachad
    ·2022-05-06
    mind the gap
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  • ArikiNakitoj
    ·2022-05-06
    Yes, let's jia you!
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  • 88wlam88
    ·2022-05-06
    Question of time AMD will stay ahead of the curve…
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