ADVANCED MICDRN forum
AMD anyone else feel like some news will come out and this will bounce to $140?
AMD To all my folk in AMD, please share some thoughts:-Reanalyzed AMD after NVDA earnings, expected it to drop, but had not and rather retested (expected it to continue its bearish channel). New pattern for overall: Descending Triangle (but is expected to seem bullish as 2025 is said to be a major year
-MACD coming to a close, MDA 9 below 50 at a fair price, RSI below 40
-From AMD's big rally to now, $134 as always been a strong level and past day rejected off of it. For Aug 5., though it did not bounce of it, the price did retest at the 78.6% Fibonacci at $122
What are your thoughts? Is this the rally back up? Will AMD keep on falling?
Price levels to watch: $122 (Fib 78.6%), $142 (Fib 61.8%)
AMD overall is wedged in a triangle pattern, and with the current after-market trading showing a downward trend, it seems there could be a bearish breakout potentially reaching the $132–$134 zone, as both levels have been retested previously. Until then, keep an eye on tomorrow's premarket activity.
AMD gosh, hideous stock. Expect bullish only toward earning lolAMD $137 Zone mad resistance. Anywhere if the stock closes $136.5 and below, AMD likely to go bearish. For bullish movement, it'll have to jump $138 otherwise we'll just be in a consolidation zone for Friday.
AMD looks like a tweezer bottom developing
AMD long amd here this is a great company and a very good price.
AMD yeah, I missed the shot on this one. Went straight to my zone and back up. I'll just go and sit in the nearest corner...AMD can I be in denial, that it does not go below 136?
AMD can’t break the $140.40 resistance…