1. $Advanced Micro Devices(AMD)$ – Is The Bottom FINALLY In? Since the beginning of March, AMD has been consolidating above 95, with the dip under 100 looking like a classic bear trap to shake out weak hands and attract shorts. Now trading near 114, the demand zone has held strong, signaling that the bottom may be in.A break above 124 would be the confirmation bulls need, opening the door for a steady grind back to 150-164. Beyond that, clearing 164 can set us up for a 200 test again. $VanEck Semiconductor ETF(SMH)$ is also approaching 240, reinforcing the idea that the semiconductor sector as a whole has likely found a floor. Watching $SMH alongside $AMD will be key in gauging relative strength and sector
AMD Breakout, Nvidia Dip: Which Chip Would You Buy?
After declining for a year, this month we have seen a strong bullish reversal in AMD stock, but buyers are facing a hurdle at $115. Amid market rebound, Nvidia is the only one who drops in Mag 7. ----------- Are you bullish on AMD's reversal? Would you buy AMD or Nvidia?
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