Watch These AMD Stock Price Levels After Post-Earnings Plunge | Global News Avenue

Advanced micro -equipment (AMD) The fourth quarter of Wall Street profits and income expectations, but released Data center sales are lower than estimatesThe shares of the dispatch of chip manufacturers were shocking on Tuesday’s expansion transactions.

When AMD CEO Lisa Su said that the current quarterly data center sales, after sales, the sales are intensified. This is the company’s agent Artificial Intelligence (AI) Chip income will income about 7 % order Base. Although SU did not provide specific predictions for the company’s AI chip, she said she expected that the “billion dollars” sales in the next few years would be “billion US dollars”.

By the end of Tuesday, AMD shares have abandoned one -third of its value in the past 12 months. This is because chip manufacturers cannot enter AI’s favorite NVIDIA’s (NVDA) The dominant position of the rich AI chip market. The stock fell 9 % in the transaction after get off work to $ 109.

Below, we carefully study AMD’s charts and use Technical analysis Determine the key level of death worthy of attention.

Focus reduction channel

Due to 200 -day mobile average Last October, AMD stocks were narrow DownsideEssence

Recently, before the company’s revenue report, the price has been promoted to the upper trend line of the model, although Relative intensity index (RSI) Failure to climb 50 thresholds, which indicates that the stock cannot restore power.

Let’s determine the three mains Support level This may play a role in profit -oriented sales in the future. Resist period Anti -trend assembly.

The main support level of viewing

The first low -level low -level is located near the trend line of $ 110. This trend line is connected to a series Peak and slot From May 2023 to October 2023. Although the stock is expected to be slightly lower than this price on Wednesday, it is worth monitoring that if the bull can defend the area, it is worth monitoring.

The decisive shutdown below this level may drop AMD stocks to about $ 95. This level on the chart has been supported from the trend line in May 2023. Pull back The low point appeared in the late September and October afternoon.

farther shortcoming Opening the door and dropped at a larger level to $ 81, the level was about 32 % lower than the closing price on Tuesday. The hunter who has a bargain can be seen accumulation In May 2023, the stock at that location at this location ShakeEssence

The key expense area is monitored

In the counter -trend rally of stocks, investors should follow the level of $ 130. The region may provide sales pressure within many years Horizontal line From May 2023 to January this year, multiple peak values ​​and troughs were added to the chart.

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As of the writing of this article, the author does not have any of the above securities.