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 $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 What is the hold up with this stock? NVDA is sold out and cannot produce enough for demand, AMD should be picking up all the scraps as their offering is still good. Thoughts?
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.
