Looks like this is poised for a strong rebound amid outstanding ER beat top and bottom and strong upward revised guidance. Evident from charts: 1. Oversold RSI <50 @ 47.98 2. Bouncing off lower bollinger band @ 13.06 3. Bouncing off trendline @ 13.13 4. Golden cross 50DMA crossover 100DMA 5. StochRSI <0.2 6. Selling volume exhaustion < avg 94.M, 60M for the...
Looks like AMD is getting ready to bounce back to the upper part of the trend line to make a new 52 week high. This should happen within the next 22 days. Evident from the charts: 1. Oversold RSI <50 @ 47.98 2. Bounced off lower bollinger band @ 13.06 3. Golden cross - 50 DMA crossing over 100 DMA 4. Bouncing off support line @ 13.13 5. Oversold StochRSI...