Long Thesis Play
Based off past earning, AMD makes a correction shortly after earnings and has a gradual trend up.The last 2 earnings correction were duplicated (purple and light purple trendlines) where stock may bounce off support in the deviation channel (blue) and start its trend up. Another scenario would be its correction after earnings and finding support at the yellow trendline then bouncing back up to its resistance at 92. Orange trendline maybe where the stock reaches support and consolidates during that time. Entry 72.50. Stop will be set at 74.75. Exit at around 92ish.
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