Advanced Micro Devices Inc
Short
Updated

AMD Post-Earnings Trending DOWN, Correction Wave Trough at 74/s?

185
AMD has not fared well since earnings and looks to be about to re-test a previous low. Exit should have been at least mostly executed, but it isn't too late because this is going to fall further. It has room to.

Happy trading, GL, not advice, etc.

-BDR
Note
Strong support @ 78 but tomorrow could speak differently: Buyer confidence overall market-wide isn't high, and 74 remains the target for any re-entry still.
Note
Target trough reached. Does it keep falling? Hard to care out of position, but i'm watching anyway

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