AMD has been trading above the 100 level since 29 Jul 21'.
Fell to approximately 100.00 (5 x's). Each time it has bounced from the 100 level.
-Sep 21'/peaked @ 108.62 (27 Sep 21')
-Oct 21'/peaked @164.64 (30 Nov 21')
-Jan 22'/peaked @ 132.89 (09 Feb 22')
-Mar '22/ peaked @ 111.75 (09 Mar '22)
-Mar 22'/peaked @ 125.71 (30 Mar '22)
*Please be aware that 20 Sep 2021 AMD went to 99.64 on the D chart. And it touched 99.64 05 Oct 2021. Two touches at exactly 99.64 is why I am neutral on AMD. With that being said, AMD could flush to the downside if it breaks the 100 level. However, being that it has bounced 5/5 times when at the 100 level, it has potential to move to the upside.
AMD
*I am not a financial advisor. Therefore, anything said in this post is not financial advice or recommendations. Please do your own research and DD. Last but not least, feel free to comment.
Fell to approximately 100.00 (5 x's). Each time it has bounced from the 100 level.
-Sep 21'/peaked @ 108.62 (27 Sep 21')
-Oct 21'/peaked @164.64 (30 Nov 21')
-Jan 22'/peaked @ 132.89 (09 Feb 22')
-Mar '22/ peaked @ 111.75 (09 Mar '22)
-Mar 22'/peaked @ 125.71 (30 Mar '22)
*Please be aware that 20 Sep 2021 AMD went to 99.64 on the D chart. And it touched 99.64 05 Oct 2021. Two touches at exactly 99.64 is why I am neutral on AMD. With that being said, AMD could flush to the downside if it breaks the 100 level. However, being that it has bounced 5/5 times when at the 100 level, it has potential to move to the upside.
AMD
*I am not a financial advisor. Therefore, anything said in this post is not financial advice or recommendations. Please do your own research and DD. Last but not least, feel free to comment.