The Long Investor
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$AMD TOP 20
🕑 Added 2025-03-26 13:26:29 +0000 UTC$AMD is approaching the 200 WMA now at $116 and got as high as $114.95 yesterday with a strong finish to the session.
There has only been one wave bounce since $94 to $114, so we will need to see if the price action has the legs now to burst through this important 200 WMA and convert it to support.
A lot will also depend on how $NVDA behaves trying to get back to its own 200 Day MA at $128.
If $AMD can not flip this level straight away then a higher low may be needed next and I have added in the small white fib levels to reflect this.
But the main point now: We are still in the Buy Zone and I like $AMD for long term.
