AMD Personal Analysis: This week has been a very bearish as its price target was cut and AVGO beating their earnings. With no positive catalysts showing up, next week seems to continue bearish. Pros: Allow indicators to hit / establish reversal (RSI, MACD), and hit Fibonacci Retracement and Channel points. Cons: AMD has been doubted by many and with no major volume movement upwards or releases, it may drop further than expected Targets to watch: $122, $117, $93.7 Wish you all the best of luck!
AMD Here’s a repost of advice from a professional degenerate: If you’re new to trading, don’t invest in AMD unless you plan on making a charitable donation to a hedge fund managers Christmas vacation. The stock is majorly manipulated and if you don’t have the capital or position to hold, you’ll likely end up losing. Ignorant is one thing but stupid is another.