AMD made an incredible run through the $100 resistance shortly after it's earnings report this past July. Currently it's setting up an inverse head and shoulders, provided semis/tech as a whole can maintain it's bullish momentum despite September seasonality, we could see another push to the $118-120 range. Attached is some flow from Friday prior to close that seems to have the same thought process.
Upside Targets: 115, 116.30, 118.40
Warwick Gorman
OptionsSwing Analyst
Upside Targets: 115, 116.30, 118.40
Warwick Gorman
OptionsSwing Analyst
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Education first, profits second.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.