
$AMD beat on earnings and ripped. I'm leaning long, but I'm not chasing this candle. I'm waiting for a pullback into the zone where the short-term average meets the midpoint of the earnings move. The tension: the daily chart is still in a downtrend. Before the print, price swept the prior lows. After it, price reclaimed the last lower high. A short-term structure shift, not a daily trend change. Why the pullback zone matters: - The 4h moving average, the halfway point of the earnings leg, and recent 4h support all sit together - All four technical methods lean long, none strongly - Revenue +45% and data center nearly doubled give a pullback reason to hold Several unrelated reasons at one level beat any single signal. Divergence is the cleanest read. On the daily, 4h and 12h, price made lower lows while downside momentum shrank. The 4h MACD histogram has already flipped positive. Caveat: the daily histogram is still widening, so it isn't complete. If a 4h candle closes below the pre-earnings base, I'm wrong. The bounce failed. Risks: this move came after hours; the regular session can shrink or extend it. Averages cluster overhead and may stall price first. Published by YTIlab · OMNISIGHT REPORT Not investment advice. All decisions and responsibility are your own.