$Advanced Micro Devices (AMD.US)$ amd sitting right above cr...

$Advanced Micro Devices (AMD.US)$ amd sitting right above critical support of 20SMA. As I said this is a strong support and if it does break, do not rule out a possibility of pullback or correction as AMD has gotten a huge rally recently. Stocks don't just go in one direction. Any fall will eventually have a relief rally and any bull rally will have a correction. It is just healthy stocks movement. I will be looking to enter heavy after this pullback as I do not buy at the top.

This market correction we are likely to go through will drag AMD together no doubt. But AMD might just outperform the market and not fall as much. So stay nimble and look at price action to know entry points.

Subscribe to my channel and stay up to date with latest support and resistance. And also stay ahead of the market as I already called for profit taking 3 weeks ago at market all time high.
https://www.youtube.com/channel/UCyPNjiwKhSL1p37lqyowuZw

As always, trade safe & Invest wise!