AMD correction done. TIME TO RISE! Huge bargain deal.AMD went on a good correction phase after touching a recent peak at 220 area following the market's long term trim action. Profit takers has swept the market even the top guns with the likes of NVDA, TSLA, AMZN, AAPL.
Based on recent data, it looks like the market's correction has more-or-less come to an end -- and net positioning for most blue chip stocks has already commenced.
AMD is one stock which you can't dismissed it's price growth potential after that huge discount drop. You know it's a bargain when a growth company gives it to you -- and not just a growth company, a major chipmaker / tech giant which the world can't live without. with the advent of AI and modern tech revolutions, AMD is one stock you can bet in the next 50-100 years.
Based on recent daily data, we are currently bouncing off a major order block support at 150.0 area -- and a significant shift has been spotted. More series of ascending action is expected from this range -- with a possible breakout of its recent peak at 220 this year.
This one, I won't doubt.
Spotted at 150.0
TAYOR.
