$AMD(AMD.US)

Stay cautious of the narratives. AMD rallied but technicals are calling it a bluff.

Look where price stalled - Right under that big cluster of vwap and still way off the prior prior ATH.

Coincidence? It’s the classical exit doors for the big boys - they exit quietly in such scenarios. Don’t be their exit liquidity. They are targeting lower prices to reenter.

AMD will soar in the coming future but its taking a breather. My opinion will only change if volume picks up substantially and takes out 267 effortlessly. Till then, I believe better prices are ahead.

Stay safe!

Disclaimer: Not financial advice. Kindly do own due diligence.

@Longbridge Singapore @Bridge Buzz SG

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