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
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.