saltysaver

AMD holding the line @74.

Long
NASDAQ:AMD   Advanced Micro Devices Inc
Don't count this dog out of the fight. Head and shoulders correction appears to be over in the NASDAQ as we've broken the neckline and turned positive. Strong trading next week with the wknd stimmy deal in the works and t yield fears grossly oversold, especially with high earning tech. last consolidation $amd retested support at 49 three times, to then fake retest and breakout to ATH. I a We have now retested 74 3x. I'm long the name and watching for targets near term in the 110 & 120 range to start. Positive catalysts include: Radeon RX 6700 XT Graphics Card competitive to NVIDIA launching on 3.18 and potential, news on Xylinx acquisition, server build out & new adoptions, supply chain fixes. GL to all!!!
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