AMD: Short-term levels- 42 and 48

11 Mar 2020

In the middle of a COVID-19 fueled market rout, I'm attempting to chart AMD's path toward recovery using price action. As circled, I'm taking a guess and saying price will converge at around $42 in the near future, then potentially catch an upswing to the next upper level at $48. Of course, predictions are near impossible in such a news-driven environment. But we'll see.