AMD coming back down to earth
AMD looks bearish. Broke the trendline, ugly red candle today on the daily. Momentum has subsided, looking at $103 strike puts expiring 9/17. I think AMD will fall to $100 before finding support.
Note
Looks like AMD did find support at $100. Double bottom around $100, might ride this back to the upside.
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.
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.