After Clearing a Weekly Cup with Handle, AMD is now clearing a tight flag on the daily chart.
Key points at the time of writing.
✣ New bull market cycle running since June 2025
✣ Market Direction is Up 90%
✣ Stock Fundamentals are good with multi-month growth except in December 2024
✣ Recent Open AI deal acted as catalyst to clear recent Cup with Handle base.
✣ Strong Institutional Interest with 2091 Buyers vs 1451 sellers TTM and a ownership of 71%
✣ Stock recently reset it's base count.
✣ TTM Performance is 53%
✣ Earnings due in 2 weeks !
If this tight flag is broken to the upside, it could be a buy opportunity and a confirmation to a more important upside move.
Key points at the time of writing.
✣ New bull market cycle running since June 2025
✣ Market Direction is Up 90%
✣ Stock Fundamentals are good with multi-month growth except in December 2024
✣ Recent Open AI deal acted as catalyst to clear recent Cup with Handle base.
✣ Strong Institutional Interest with 2091 Buyers vs 1451 sellers TTM and a ownership of 71%
✣ Stock recently reset it's base count.
✣ TTM Performance is 53%
✣ Earnings due in 2 weeks !
If this tight flag is broken to the upside, it could be a buy opportunity and a confirmation to a more important upside move.
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
