AMD - In a sell channel, can it break out?
$Advanced Micro Devices(AMD)$ had been in a sell channel for weeks now. Can it break out?
Near Term Price Action
Seems straddle between 62 and 74, 62 being quite good support
Resistances/Support
80 remains a key level to break to break out of the channel and change trend.
55 remains a good support to keep it up
Earnings
Coming up end Jan 2023, will it be the catalyst that brings AMD back on the uptrend?
@CaptainTiger @TigerStars @Deposit @YTiong
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