Hot stocks - AMD VS NVDA
1. $Advanced Micro Devices(AMD)$
Ugly start to the week, but we’ve got time ⏳Still 4 trading days ahead, and I’m holding my calls.
AMD testing the 1hr Smart Money Zone—exactly what we needed.
Price had to make a higher low here to keep the weekly BX from closing with lower lows.
🔥 Optimal entry is right here. If buyers step in, this could set up the breakout we’ve been waiting for.
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I was hoping to be wrong about NVDA … but this setup looks bad.
Heading into earnings, this is NOT looking good. In this video, I’ll break down what’s wrong with this setup, why I think this is a retail trap, and why I have NO position and don’t care what happens.
PS： I tried entirely based off of technicals, but I’m mainly like AMD because it’s sitting in an 80% discount within bullish structure
That’s said from a fundamental standpoint it seems very unlikely that AMD would go up while NVDA drops
The only way I see that happening is AMD somehow getting market share from them or NVDA dropping guidance
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