That kick probably woke quite a few people up. The contract price for $AMD is quoted at 523.44, down 9.09% over 24 hours and just a step away from today's low of 520.92.
In plain English: it was as high as 580.67 yesterday, and has slid from that peak in a single day. AMD holders are probably weighing things up right now—is this just a pullback along with the broader market, or has this chip rally really run its course?
I’m leaning toward sitting tight for now, since 520.92 hasn’t been breached. If it does, that’ll be a new level; but if it can get back above 580.67, I’ll change my mind right away—that would mean buyers are back.
Do you think tonight’s move in U.S. stocks will spill over into crypto?
$AMD
#美股 #AMD
In plain English: it was as high as 580.67 yesterday, and has slid from that peak in a single day. AMD holders are probably weighing things up right now—is this just a pullback along with the broader market, or has this chip rally really run its course?
I’m leaning toward sitting tight for now, since 520.92 hasn’t been breached. If it does, that’ll be a new level; but if it can get back above 580.67, I’ll change my mind right away—that would mean buyers are back.
Do you think tonight’s move in U.S. stocks will spill over into crypto?
$AMD
#美股 #AMD