18 May 2025
AMD – Watching for Bullish Confirmation
We’re closely monitoring AMD as it approaches the 200-day moving average on the weekly chart. A break above this level would signal a confirmed shift back to a bullish trend.
Previously, when AMD dropped below $100, it took six weeks to reclaim that level—a strong bullish signal. That false breakdown offered a great entry opportunity for those who accumulated below $100.
If you missed that move, consider watching for a slight pullback in the coming trading days to potentially enter. As long as AMD holds above the recent low around $80, our bias remains firmly to the upside.
Strategy: Wait for confirmation above the weekly 200MA or accumulate on pullbacks while $80 holds as support.
AMD – Watching for Bullish Confirmation
We’re closely monitoring AMD as it approaches the 200-day moving average on the weekly chart. A break above this level would signal a confirmed shift back to a bullish trend.
Previously, when AMD dropped below $100, it took six weeks to reclaim that level—a strong bullish signal. That false breakdown offered a great entry opportunity for those who accumulated below $100.
If you missed that move, consider watching for a slight pullback in the coming trading days to potentially enter. As long as AMD holds above the recent low around $80, our bias remains firmly to the upside.
Strategy: Wait for confirmation above the weekly 200MA or accumulate on pullbacks while $80 holds as support.
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.
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.
