-AMD broke out from the downward trend today and closed above the $11.75 line. -RSI reached the bottom and started moving upwards. -MACD looks good also. -New target between $13.15-13.50. -One more thing: Change the candle width to 5 minutes, and look at the Volume in the last 10 minutes before closing. There is a f***ing big volume. Daytraders sold their inventory, as usual, which explains the slight loss, but based on this, I think that others also thought that we had left the bottom.
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.