AMD - Great earnings; iron balls?
Bullish:
Huge revenue growth
Reclaimed 500 day MA
Testing to break above $100 psychological
Lowest PE/PS for years (reasonable yet?)
Rejection of 1 year+ Darvas box ("should" test bottom of the box at $70)
Apparently no 75bps comings from J-Pow
Didn't touch the lower trend line from 2019
Very bullish candle yesterday
Bearish:
Just looking for a daily lower high, trend change needed
Share dilution continues
Upper nearer term trend lines overhead
Expect this to outperform on bullish market moves.
Huge revenue growth
Reclaimed 500 day MA
Testing to break above $100 psychological
Lowest PE/PS for years (reasonable yet?)
Rejection of 1 year+ Darvas box ("should" test bottom of the box at $70)
Apparently no 75bps comings from J-Pow
Didn't touch the lower trend line from 2019
Very bullish candle yesterday
Bearish:
Just looking for a daily lower high, trend change needed
Share dilution continues
Upper nearer term trend lines overhead
Expect this to outperform on bullish market moves.
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