Stock Markets Analysis and Opinion
AMD Stock: Important Test Lies Ahead
2023.06.22 04:33
In the span of six trading days, Advanced Micro Devices Inc (NASDAQ:) traversed from one Fibonacci level to the other. We are now at an important test: will AMD find support at this level and begin another ascent, participating in the unhinged and deluded AI frenzy some more, or will it begin its next traverse lower?
Here’s the lifetime chart. I have no position, although obviously I’m hoping – – down!
