@Barcode:
$Advanced Micro Devices(AMD)$ @Kiwi_G Short term and long term take: $AMD the light purple band is 🔑 to hold $168 Higher Fib levels: $170.85, 174.33, $178.50, $180.75 Below $167 and $164.36 C&H on chart from earlier today. As of 4Oct24, $AMD closed at $170.90, with the stock moving higher in after-hours trading to $172.80. The stock has experienced strong upward momentum, increasing by nearly 5% in a single session. While this rally is encouraging for short-term traders, there are several fundamental issues and upcoming catalysts that deserve careful consideration. From a valuation perspective, AMD’s Forward P/E ratio of 50.15 may appear elevated compared to Nvidia’s 37.05. Howe