Advanced Micro Devices Inc
Long
Aggiornato

AMD - bulls have the ball now

843
hi traders,

Let's have a look at AMD stock on the 1D time frame.
AMD is very undervalued now.
It's also very oversold.

The stock market has been dumping hard but it may be a time to see a relief rally.
It's very likely that the bullish divergence and an oversold RSI on 1D time frame may lead to the bounce within the next few days / weeks.
I can't see it going much lower without giving us a solid bounce here.

2 targets are shown on the chart.
Trade chiuso: obiettivo raggiunto
Target reached. Congratulation.

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