
AMD BENEFITS FROM NVIDIA TROUBLES, MOMO BUYS NVIDIA BUT SMART MONEY SELLS; COOLER PPI; BITCOIN BELOW $70K
By Nigam Arora

To gain an edge, this is what you need to know today.
AMD To Benefit
Please click here for a chart of Advanced Micro Devices stock (AMD).
Note the following:
- The Morning Capsule is about the big picture, not an individual stock. The chart of AMD stock is being used to illustrate the point.
- The chart shows AMD has rallied from a low of $402.10 to $570.80 as of this writing in the premarket, reaching the low band of zone 1 (resistance).
- The chart shows when Arora buy signals were given for the trade around position on AMD.