AMD Cup and Handle Setup
AMD Weekly Chart observed cup and handle setup. Current price forming a handle and the price is testing its half candle support or MA50 weekly trendline.
Market might waiting for its upcoming quarter report estimated on 28th July 2021.
Let's see if:
MA50 trend line is a strong support or not and it will breakout before or after the report is out.
Risk wise: ~8%
Market might waiting for its upcoming quarter report estimated on 28th July 2021.
Let's see if:
MA50 trend line is a strong support or not and it will breakout before or after the report is out.
Risk wise: ~8%
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