Asphen
2022-09-23

$AMD(AMD)$ - TA Update 23 Sept 2022 - Concerning


Daily Chart

- Weak structure before means real support will only appear at 58

- Minor support at 67 and 62

- Bearish channel also points to 60+ as destination


30mins Chart

- Not looking good at all; Further downside to go


Upcoming

- 58 with minor bumps at 67 and 62

- Needs to find its own support structure

@TigerStars@Deposit@YTiong@DomH@CaptainTiger

# Technical analysis challenge

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Comment（78）

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  • MyrnaNorth
    ·2022-09-23
    $55 is a very real possibility. Technically no support till then. And shorts love this thing.
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    • Asphen: 
      yup. light structure going up means down is same
      2022-09-23
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  • bossbaby
    ·2022-09-24
    Those who are long term investor shouldn't based on technical instead the company's fundamental is sufficient enough. DCA all the way when everyone are fearful
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    • Asphen: 
      😉
      2022-09-24
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  • CrystalRose
    ·2022-09-23
    did AMD lower their guidance around a month ago? I know NVDA did, but couldn’t remember if AMD revised lower after earnings?
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    • Asphen: 
      nope. AMD were strong. now is purely market sentiments and also Mr Powell
      2022-09-23
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  • littlesweetie
    ·2022-09-23
    that's it I'm out, bears only, I am going to short everything now. If you can't beat them, join them right.
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    • Asphen: 
      I've sold many calls on the way down. but still the puts are painful
      2022-09-23
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  • MoneyCub
    ·2022-09-23
    Thanks for sharing.
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    • Asphen: 
      you welcome
      2022-09-23
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  • Kyesu
    ·2022-09-23
    Read and thanks
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    • Asphen: 
      you welcome
      2022-09-23
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  • VenVad
    ·2022-09-24
    Ok
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  • Jeroldl
    ·2022-09-24
    Nice
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  • JakeL
    ·2022-09-23
    [OK]
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  • 淋淼淼
    ·2022-09-23
    Ok
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  • pekss
    ·2022-09-23
    Ok
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  • YJ13
    ·2022-09-23
    good
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  • Pierre0520
    ·2022-09-23
    Ok
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  • WKB
    ·2022-09-23
    Good
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  • WilKoh
    ·2022-09-23
    Hmm...
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  • yunsy
    ·2022-09-23
    👌🏻
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  • Newbievestor
    ·2022-09-23
    [Strong]
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  • puaychoo
    ·2022-09-23
    Ok
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  • Bunifa Latif
    ·2022-09-23
    Sigh
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  • ShawnKoh1
    ·2022-09-23
    ok
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