AMD flag formation
The US markets have taken a beating over the last few weeks but as sellers start to reside we could see some short term recoveries across the market on some strong players.
Im watching AMD closely with this flag formation, not ruling out a drop back further yet before a bounce but the market structure is set for a continuation
Fib levels from the last bullish rally are being respected so targeting the 1.272 extension of around 130+ over coming months
Im watching AMD closely with this flag formation, not ruling out a drop back further yet before a bounce but the market structure is set for a continuation
Fib levels from the last bullish rally are being respected so targeting the 1.272 extension of around 130+ over coming months
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.