$Advanced Micro Devices(AMD)$ Looking pretty good here. It's a healthy pullback after breaking out of the bullish channel, kind of like filling the gap from yesterday's jump.
Volume was also way lower than yesterday's and obviously below the average daily volume.
I'd be concerned if volume spiked, but this just looks like a low-volume price dip. I'm not inclined to go short as long as price stays above the 50-day SMA.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
