$AMD big resistance..
Updated
AMD needs to break the big resistance of $104 before it continues its rally back to 106+ no major news so far about the company and its products. Semis dipped after a market shifted its focus to energy stocks. i believe the semis and the tech stocks will continue to pull back, expect more pain until J Powell next meeting. For now, you might want to check out retail stocks and travel stocks.here's my day trade price target for AMD on FRIDAY 08/12/22.
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For calls; buy above $99.39 and sell at 100.47 or above
For puts, buy below 96.62 and sell at 95.13 or below
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Welcome to this free technical analysis . ( mostly momentum play )
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Trade closed: target reached
AMD price target reached yesterday congrats to the people caught the move.
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