Amd Shares Are Now Perched On A Precarious Precipice As A Critical Trendline Breach Looms
AMD (NASDAQ:AMD), an American semiconductor manufacturer formally known as Advanced Micro Devices, is under the laser focus of retail investors today as a critical trendline for the stock remains in play. $AMD2. $NVDA3. $PTON4. $AMZN5. $AAPL6. $NIO7. $F8. $SOFI9. $TSLA10. $NFLX…17. $DATS Get Retail Popularity https://t.co/ZAlldqTXHr — Breakout Point (@BreakoutPoint) January 21, 2022 Since the start of 2022, AMD shares have been hammered along with the rest of high-beta tech stocks as the market continues to reprice equity risk premia amid an oncoming wave of monetary tightening that is likely to include around four interest rate hikes as well as the US Federal Reserve’s balance sheet contraction this year....