Here is an easy ta for AMD:
AMD is after corona up-trend in consoladtion mode and preparing for next movement.
Stock is close to support line
BB: Down-Trend,
RSI: Up-Trend (need to hit 20 Mark)
MACD: Down-Trend
Volume: No siganl, light selling signal
Chart-Pattern: Close above 55 bull-flag pattern
Bullish short-Term setup: Support hold
Buy at 51 $ mark
Take Profit: 55 $ resistance
Bearish short-term setup:
Buy at 49
Take profit: 45 $
Long-Term setup:
Close above 50 $ support ->bullish (buy)
Close under 50 $ support-> bearish (wait)
Good luck for your trading :)
AMD is after corona up-trend in consoladtion mode and preparing for next movement.
Stock is close to support line
BB: Down-Trend,
RSI: Up-Trend (need to hit 20 Mark)
MACD: Down-Trend
Volume: No siganl, light selling signal
Chart-Pattern: Close above 55 bull-flag pattern
Bullish short-Term setup: Support hold
Buy at 51 $ mark
Take Profit: 55 $ resistance
Bearish short-term setup:
Buy at 49
Take profit: 45 $
Long-Term setup:
Close above 50 $ support ->bullish (buy)
Close under 50 $ support-> bearish (wait)
Good luck for your trading :)
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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.
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.