AMD, Z update 2/8

AMD: question is if all of major 1 topped or if there’s one more advance left in the gas tank. Given the bollinger band set up on the daily (not shown) we prefer the latter: there’s too much momentum to the upside to suggest price has already peaked. Minor 4 should now be underway.

amd

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Z: Took a hit on earnings and our preferred count had to be adjust. Here’s the big picture overview. We see intermediate c now being underway to the 200w SMA at around $32.

z