beyond technicals, the crypto space looks to be finding its footing again and we are seeing serious signs of a recovery. AMD caters to this market so a return to bullish momentum in this space generally means an increase in microchips, thus a positive speculative play on AMD. Additionally, markets seem to be making a turnaround so this should be positive for AMD.
Note
Nice clean entry, plus a gap off the positive earnings data.Note
Still climbingTrade closed: target reached
might be consolidation time
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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.