AMD coiling to $148-160 range by post-earnings

- AMD is one of the beaten down names. It's not too cheap at the current valuation but it's growth for upcoming 2-3 years are promising which deserves a higher multiple.

- 25%+ growth rate when revenue is in billions is a big deal unlike PLTR which has high 20s % growth rate on a revenue of 250 mil a quarter.

- Technical supports strong rebound to 148-160 range to test 200 SMA. Good setup for Q1 2025.

- Downside risk is to 94-105 if it continues to meltdown.
Nota
AMD touched it's weekly 200 SMA today @ $117 and we saw bounce from that support while the NVDA & TSM bleeded more than 2% today on Jan 13, 2025
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