The Long Investor
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$AMD TOP 20
🕑 Added 2025-05-13 10:22:55 +0000 UTCThere has been a gear change for $AMD lately and the price action has jumped an impressive amount from $74 to $110 in 1 month.
The 200 WMA looks set to be tested again at $116 and this is something I have been consistent about since the price dropped below this MA....we know by now that it is a magnet in both directions.
Weekly RSI and MACD are also looking very bullish too, with both showing strong trend reversals
We are still in the Buy Zone.
What we want to see next is the 200 WMA converted to support at $116....then our PT's will be $131 at the 50 WMA and the blue line at $164.
Very bullish PT is the 1.618 Fib at $356.
Comments
Jags
Will frame this comment - "200 WMA is a magnet in both directions"
