As of 10 April 2024, AMD PE ratio is at 334. It had a long failed upward candle on 8 March 2024. Downside till 95 dollars.
The prices are bouncing in the rectangle. Had reached the top. To continue downards. Expected take profit level at 100 dollars level.
Short if the price break through 196.12. Target price around 110. Set a stop price around 206.
There was an upward breakout after the broadening formations (Right angled and descending). The breakout is nearing the end. Trading the pullback. Target price:43.13 Stop loss: 58.71 Risk/Reward Ratio: 2.9
Short when the price break through the bottom trend line. Wait for confirmation. Monitor and close the trade if the trend changes and move above the trend line. Target price: 15.10
A breakout from descending broadening wedges. The upward trend had stopped. Action: Short Target: Support level Profit: Around 25%
The price has break out from the channel is looking at a possible upside after a retracement.