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Long AMD for the next 22 days
Advanced Micro Devices Inc
Long
Long AMD for the next 22 days
By kevintsai1
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Aug 3, 2017
8
Aug 3, 2017
Looks like this is poised for a strong rebound amid outstanding ER beat top and bottom and strong upward revised guidance.
Evident from charts:
1. Oversold RSI <50 @ 47.98
2. Bouncing off lower bollinger band @ 13.06
3. Bouncing off trendline @ 13.13
4. Golden cross 50DMA crossover 100DMA
5. StochRSI <0.2
6. Selling volume exhaustion < avg 94.M, 60M for the last few days.
Please provide your comments below! ; )
Chart Patterns
Trend Analysis
kevintsai1
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