The Long Investor
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$AMD TOP 20
🕑 Added 2025-05-04 11:52:07 +0000 UTCI think we are seeing encouraging signs here from $AMD.
A hold on the historical support level on the yellow line, bouncing between the 0.78 Fib and 0.887 Fib and routing now back to the 200 WMA at $115 which we know behaves like a magnet are all positive indicators.
Fundamentals are still strong here and this is regarded as being undervalued.
I have a position and will continue to hold.
They are due to report after the market closes on Tuesday, so this will be a big day for this group.
I believe if $AMD can beat again and show they are moving in the right direction and that the worst could be behind $AMD.
I will be holding until new ATH's are made.
A reminder that the price is currently in the Buy Zone now.
Comments
Willy G
Might be time to finally start a position...
Rob
Thanks Ben
Ben Smith
AMD is in Wave 3, Rob. See previous chart on AMD
Rob
Thank you for the update. Looks like we are in Wave 5?
