$AMD(AMD)$ - TA Update 24 Sept 2022 - Not looking good at all


- As TA-ed on 23rd update, AMD likely to find support at 67 and 62 and last night it did find that at 67/68

- Pivotal as it has to start showing recovery, if not, then 62 is looming

- Eventually, 58 would be that key support


More concerning is that with the breakdown below 74, that now becomes a key level and hard obstacle for AMD to overcome. 

As all the volume above 74 has now become "Overhead Supply". 


Overhead Supply basically means that any efforts to get above 74 would be met with many sellers who either wants to liquidate or cut loss etc.

@TigerStars@Deposit@YTiong@DomH@CaptainTiger

# Technical analysis challenge

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  • powerbert
    ·2022-09-24
    I am waiting on the side line, waiting for further correction then go in to buy.
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    • Asphen
      good on you
      2022-09-24
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  • jat
    ·2022-09-24
    looking at getting some at lower px to average cost my current holdings
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    • Asphen
      might b a good idea
      2022-09-24
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  • MoonJin
    ·2022-09-24
    Can consider to buy at lower level.
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    • Asphen
      yup. indeed.
      2022-09-24
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  • zerolih
    ·2022-09-24
    if u believe the company is good, maybe can look for time to add position
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    • Asphen
      already started to add. haha
      2022-09-24
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  • JohnL
    ·2022-09-24
    Take care
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    • Asphen
      thank you
      2022-09-24
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  • CYKuan
    ·2022-09-24
    yes, agree, keep in watchlist [smile]
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    • CYKuanReplying toAsphen
      keep watching [Cool]
      2022-09-24
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    • Asphen
      act on it? haha
      2022-09-24
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  • GarethTan
    ·2022-09-24
    [Miser] [Miser]
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  • Deposit
    ·2022-09-24
    thank you
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  • Taylee
    ·2022-09-24
    👍
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  • Hangmau
    ·2022-09-24
    1
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  • tseechu1
    ·2022-09-24
    ok
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  • Mic6226
    ·2022-09-24
    Good
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  • T202311701
    ·2022-09-24
    oooo
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  • StockRookie
    ·2022-09-24
    👍🙏
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  • T202311701
    ·2022-09-24
    oooo
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  • 虎火
    ·2022-09-24
    Ok
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  • T202311701
    ·2022-09-24

    O

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  • Elsa Heng
    ·2022-09-24
    [What]
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  • pirate76
    ·2022-09-24
    Ok
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  • Ha0
    ·2022-09-24
    ok
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