How Christopher Uhl - OVTLYR’s view on $AMD changed

First, AMD. I really like AMD stock at this moment. I am a big fan of AMD's stock here , and let me explain why.

Let's take a look at AMD's stock here. The trend, well, is moving upwards. The average is 10 above 20, and the price is above 50. We can see that here. The average is 10 above 20, and the price is above 50.

AMD up 13% this week, if you can believe that. Now, the buy signal on AMD actually came on Thursday, September 10th. So, in the midst of this up move right here, AMD has locked in that fresh buy signal.

But, we got some overhead resistance to talk about, right? We have some actually pretty enormous uh overhead order blocks right here. Now, what do these order blocks represent?

They represent areas of trapped buyers and trapped sellers, and they are going to sell out as fast as they possibly can onto you.