I have that AMD is going to reverse up, possibly after MU earnings, however it won't hold - Probably similar to the market. It could be a good short term trade to the upside though and a good pop. Don't hold it though.
Note
Yesterday was really the rally in this to fade. I suppose Wed. worked too, but it only got up 1% and that wasn't enough of a pop imo. I think this sector should be faded for awhile.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.