Many technology sectors stocks have been thrashed and dropped for at least 50 - 75% so far, the only sector that is still holding up is the
Semiconductor sector, which is also holding the Nasdaq Composite Index pretty well.
AMD - my all time favorite where i invested at 10 usd in 2018 and sold at 90 in 2021 , it went higher but doesnt bother me
Now. The price movement from 2018 fits pretty nicely into a rising wedge and price has been hanging below the wedge.
I am 75% that more correct will be coming within next 6 - 12 months although i can still be wrong.
my idea AMD re-investment price will be around 34 - 44 as shown in the chart. i will be waiting patiently
This analysis is just my own opinion and do not solicit any buy or sell suggestion.