Advanced Micro Devices Inc
Short
Updated

$AMD - short term retracement

701
Hammered back off of resistance, there are multiple resistance channels at this level. Entering bearish portion of regression channel.

Processor industry getting hit because NVDA is reversing and may be dragging the overall sector as well.

Few red days in a row, short term bearish chat forming

Target is 175 short term before any other moves up.

not trading advice is you crazy
Note
the paper trade i wish was real :/
Note
target extra reached

Disclaimer

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.