AMD has been an absolute pain-trade for me. I committed the sin of not waiting for the bottom signal and not managing risks when the trade didn't work.
But things might be looking a little better. Both MACD and RSI are turning up, signaling that we may have at least found the bottom and there's a possibility of a potential reversal. đź‘€
See support and targets in the chart.
As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
Also on:
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.