$AMD(AMD)$
- 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.
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