AMD potential 87-88 in 1-2 weeks. BULL FLAG
Updated
With the announcement of new chips, AMD is looking healthy for a comeback on an 87-88 level. Right now I see a BULL FLAG on the daily chart.
Break above 82 could lead to 86. After that, I hope to see some short consolidation before jumping to the 87-88 level.
Break above 82 could lead to 86. After that, I hope to see some short consolidation before jumping to the 87-88 level.
Trade closed: target reached
We have reached the target, the position could be cloed. If you decide to hold, I see 88-90 as a major resistance. Follow your risk management plan.
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