$AMD is the AI chip winner of Nvidia's worst week
$AMD is up about 6.7% today at $589.83, after tagging $594. That's a 47% run from the $400 low earlier this month. Meanwhile $NVDA is down 5% at $165 with no permanent CEO. On the 4H, price sits above the 7, 25 and 99 EMAs. Support is $572, then $532. Resistance is $594, then the $658 top from October.
How far can AMD ride Nvidia's mess? Not financial advice.
Source: AMDB/USDT 4H chart (bStocks)
$AMD is up about 6.7% today at $589.83, after tagging $594. That's a 47% run from the $400 low earlier this month. Meanwhile $NVDA is down 5% at $165 with no permanent CEO. On the 4H, price sits above the 7, 25 and 99 EMAs. Support is $572, then $532. Resistance is $594, then the $658 top from October.
How far can AMD ride Nvidia's mess? Not financial advice.
Source: AMDB/USDT 4H chart (bStocks)
