AMD Sets Up Before Earnings

Advanced Micro Devices (AMD, daily) backed off early highs, like many big techs Monday. But it’s now got a 58.73 handle buy point on its cup base on a daily chart. It already had a handle on a weekly chart. Investors are expecting strong earnings and sales growth from AMD late Tuesday. AMD results and guidance also likely to move Nvidia. AMD and Nvidia are on Leaderboard.