The Long Investor
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$AMD TOP 20
🕑 Added 2025-01-19 15:00:47 +0000 UTCI'll continue to use the Weekly chart here because the 200 WMA is the dominant support level in this set up and most important to us.
Price has held on this confluence level for another week above $115 and rallied well to $121 to finish the week.
We are still waiting for a series of higher highs and higher lows next and to flip the red line at $131 to support before we can confirm a reversal to $164....but I believe if $NVDA can regain its own support level then $AMD will follow
A lot will rest on their earnings too but I am holding regardless.
