We have seen a rally since earnings call in AMD, now reaching the upper trend of the price channel we have traded within since February. RSI is also hitting upper resistance level. Given the technicals, I feel there is an opportunity for a short term play on the expected bounce off of the upper resistances.
Note
wow, sure got on the wrong side of that one...lol
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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.