“AMD's earnings are the key catalyst for the semiconductor sector — a good report could confirm a higher low and break the SOXX downtrend, while a bad one extends weakness.”
Why he says it — point by point
FAVORABLE & AGAINST · BOTH KEPTWhy
in order to get real confirmation on this being a higher low for the SOX, you're going to need the earnings report for AMD to go well AMD is very influential in the most important sector for the entire market right now and it has the ability to either really improve this chart and and get it to break higher and break Friday's high and just start looking a lot better
The structured call
The receipt
Publish-day price $$518.58 · the claim is anchored to the moment it was said.