18 May 2025
AMD – Watching for Bullish Confirmation
We’re closely monitoring AMD as it approaches the 200-day moving average on the weekly chart. A break above this level would signal a confirmed shift back to a bullish trend.
Previously, when AMD dropped below $100, it took six weeks to reclaim that level—a strong bullish signal. That false breakdown offered a great entry opportunity for those who accumulated below $100.
If you missed that move, consider watching for a slight pullback in the coming trading days to potentially enter. As long as AMD holds above the recent low around $80, our bias remains firmly to the upside.
Strategy: Wait for confirmation above the weekly 200MA or accumulate on pullbacks while $80 holds as support.
AMD – Watching for Bullish Confirmation
We’re closely monitoring AMD as it approaches the 200-day moving average on the weekly chart. A break above this level would signal a confirmed shift back to a bullish trend.
Previously, when AMD dropped below $100, it took six weeks to reclaim that level—a strong bullish signal. That false breakdown offered a great entry opportunity for those who accumulated below $100.
If you missed that move, consider watching for a slight pullback in the coming trading days to potentially enter. As long as AMD holds above the recent low around $80, our bias remains firmly to the upside.
Strategy: Wait for confirmation above the weekly 200MA or accumulate on pullbacks while $80 holds as support.
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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.