AMD Wendy's Setup
Updated
Stock has dropped almost 40% from it's ATH into a pennant into earnings. Short sellers would be insane not to cover on any good news or if sentiment just stops getting worse. Tech as a whole looks due for a bounce, AMD was a bottom indicator in 2023, could do it again in 2024.
Upside price targets are 155, if through then 200
Stop loss = breakdown of the pennant
Upside price targets are 155, if through then 200
Stop loss = breakdown of the pennant
Trade closed: target reached
Got to 153ish, near enough to pt
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