AMD Technical Analysis
Here is a technical analysis of Advanced Micro Devices stocks:
-AMD is now making its 3rd touch on the ascending channel which coincides with a resistance zone set by the high of May 2000;
-RSI is oversold on the Monthy, Weekly and Daily charts;
-Bearish divergence on the Daily chart;
Considering the abovementioned facts, probabilities point for a move to the downside but, since this is a volatile market, be patient to see where it moves and always use stop-losses.
This is not financial advice
-AMD is now making its 3rd touch on the ascending channel which coincides with a resistance zone set by the high of May 2000;
-RSI is oversold on the Monthy, Weekly and Daily charts;
-Bearish divergence on the Daily chart;
Considering the abovementioned facts, probabilities point for a move to the downside but, since this is a volatile market, be patient to see where it moves and always use stop-losses.
This is not financial advice
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.