Defining moment for AMD?
Hey everyone! Hope you had a wonderful christmas and wishing you all the best for 2022. Today I also wanted to look at AMD which seems to be at a breaking point. It will be interesting to see what happens here in the coming months. Personally I see a couple of scenarios potentially unfolding. Currently price has corrected down to an earlier support zone. From here on out we might either go down to earlier trend lines indicated in yellow and blue or we might stay within a new uptrend channel. So far it seems we’re staying in this uptrend channel, but it’s too early to tell in my opinion. My advice would be to wait for more confirmation before doing anything right now. If you made it this far I’d like to sincerely thank you for reading this and hope you have a wonderful day. Any feedback (whether positive or negative) or likes are of course really appreciated. Also, if I can help you in any way just let me know. Have a good one friends !
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