AMD Long
Updated
AMD broke out of recent downtrend. Short term price target on the upside is 19.50 - 20.50.
There will be major resistance from previous support of around ~ 18.50 which also coincides with 200MA shown in orange.
There will be major resistance from previous support of around ~ 18.50 which also coincides with 200MA shown in orange.
Note
Retest of the downtrend is at 17.40. Closing below that will negate the price target
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.