Short term bottom in - Mid-term Neutral
AMD chart divided three part
1- July 2020- July 2021 consolidation period
2- August 2021 tech boom and January 2022 crush
3- April 2022-April 2023 consolidation period (currently where AMD price action ongoing)
I believe AMD tested bottom today and bounced back. Investors showing overreaction to Micron revenue guidance for Q3,
Long term positive
Mid term neutral
Short term neutral
AMD price action between 71.80-100 for next 8 months
1- July 2020- July 2021 consolidation period
2- August 2021 tech boom and January 2022 crush
3- April 2022-April 2023 consolidation period (currently where AMD price action ongoing)
I believe AMD tested bottom today and bounced back. Investors showing overreaction to Micron revenue guidance for Q3,
Long term positive
Mid term neutral
Short term neutral
AMD price action between 71.80-100 for next 8 months
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