AMD Technical Analysis
Here is a technical analysis of Advanced Micro Devices stocks:
-AMD is now making its 3rd touch on the ascending channel which coincides with a resistance zone set by the high of May 2000;
-RSI is oversold on the Monthy, Weekly and Daily charts;
-Bearish divergence on the Daily chart;
Considering the abovementioned facts, probabilities point for a move to the downside but, since this is a volatile market, be patient to see where it moves and always use stop-losses.
This is not financial advice
-AMD is now making its 3rd touch on the ascending channel which coincides with a resistance zone set by the high of May 2000;
-RSI is oversold on the Monthy, Weekly and Daily charts;
-Bearish divergence on the Daily chart;
Considering the abovementioned facts, probabilities point for a move to the downside but, since this is a volatile market, be patient to see where it moves and always use stop-losses.
This is not financial advice
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.