Expecting AMD to correct more in 2022
Many technology sectors stocks have been thrashed and dropped for at least 50 - 75% so far, the only sector that is still holding up is the
Semiconductor sector, which is also holding the Nasdaq Composite Index pretty well.
AMD - my all time favorite where i invested at 10 usd in 2018 and sold at 90 in 2021 , it went higher but doesnt bother me
Now. The price movement from 2018 fits pretty nicely into a rising wedge and price has been hanging below the wedge.
I am 75% that more correct will be coming within next 6 - 12 months although i can still be wrong.
my idea AMD re-investment price will be around 34 - 44 as shown in the chart. i will be waiting patiently
This analysis is just my own opinion and do not solicit any buy or sell suggestion.
Semiconductor sector, which is also holding the Nasdaq Composite Index pretty well.
AMD - my all time favorite where i invested at 10 usd in 2018 and sold at 90 in 2021 , it went higher but doesnt bother me
Now. The price movement from 2018 fits pretty nicely into a rising wedge and price has been hanging below the wedge.
I am 75% that more correct will be coming within next 6 - 12 months although i can still be wrong.
my idea AMD re-investment price will be around 34 - 44 as shown in the chart. i will be waiting patiently
This analysis is just my own opinion and do not solicit any buy or sell suggestion.
Komentarz:
A head and shoulder below rising wedge
