AMD 3 consecutive doji candles usually result in an aggressive movement. These 3 on the daily have appeared in a different way so I’m unsure of what could happen here
AMD trends lines and all, fibs are the main basis. As of now, there is a large reversal candle FORMING on the monthly chart at the .236, commonly a big reversal point. Though, predicting is the same as gambling. We wait for confirmation through news and price action. We will see how this stock will perform in the next few months. I am personally waiting for their US manufacturing plant to be finished and begin production of their product. This will help them mitigate tariffs and more than likely reduce costs for themselves and consumers. Until then we are stuck in this downtrend...
AMD this one is testing my patience, though it has finally broke above this downward trendline. With some bullish divergence on the daily, lets see if this can push up to the .382 fib (122.19) or even the .5 (131.40).