This is looking like 2018
$Advanced Micro Devices (AMD.US)$
The last time AMD chart pattern like this happens, it's very similar to 2018 (just use weekly to see the charts). Similar at that time they were looking at rate hikes. There were many volatile period but after March, it starts to stabilise towards a upswing trend. So for those who can hold and not worry, just have to bear (pun intended) for a while. Good fundamental is still most important.
The last time AMD chart pattern like this happens, it's very similar to 2018 (just use weekly to see the charts). Similar at that time they were looking at rate hikes. There were many volatile period but after March, it starts to stabilise towards a upswing trend. So for those who can hold and not worry, just have to bear (pun intended) for a while. Good fundamental is still most important.
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