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Advanced Micro Devices Inc
Long
Updated

Amd - This is just the beginning!

2 920
Amd - AMD - perfectly plays out:
snapshot
(click chart above to see the in depth analysis👆🏻)

Despite the harsh drop of about -65% which we have been witnessing starting back in 2024, Amd remains bullish. Just three months ago, Amd retested a textbook confluence of support. We saw bullish confirmation, the bottom is in and Amd will rally significantly from here.


Levels to watch: $200, $300

Keep your long term vision!
Philip (BasicTrading)

Trade active
Amd - AMD - starts the major rally:
snapshot
(click chart above to see the in depth analysis👆🏻)

Amd rallied more than +60% after a textbook retest of the major support area. We saw bullish confirmation on the smaller timeframe as well. Therefore Amd is clearly heading much higher. A retest of the previous all time high could even be possible.


Levels to watch: $200, $300

Keep your long term vision!
Philip (BasicTrading)
Trade closed: target reached
Amd - AMD - is taking off:
snapshot
(click chart above to see the in depth analysis👆🏻)

Two months ago Amd perfectly retested a major previous confluence of support. After we then witnessed bullish confirmation, Amd started a quite strong bullish rally. But despite the recent rally of about +85%, Amd still has some more upside potential.


Levels to watch: $200

Philip (BasicTrading)
#LONGTERMVISION

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