AMZN, NFLX and AMD Forecasts – Tech Looks a Touch Soft

The article gives short-term technical analysis for Amazon, Netflix and AMD, noting a mild softening in tech after recent bullish runs but overall leaning bullish. Amazon is expected to see a small pullback at the open after solid earnings, with a likely bounce toward the $260 area and long-term positioning as a major fund holding. Netflix could extend gains if it clears the 50-day EMA, with upside targets at the 200-day EMA near $98.72 and the $100 level; $90 is cited as support. AMD is viewed as overextended after a strong run but presents a buying opportunity on a pullback ahead of its earnings call, with $300 described as the near-term floor.