Hello Everyone this is the more comprehensive TA on AMD
Here is MY PERSONAL OPINION ( I AM NOT A PROFESSIONAL TRADE AT YOUR OWN RISK)
It Seems that AMD has formed an Ascending Triangle Pattern and has broken out
however because of the recent gains it has ryzen ( people that know what i mean :), ) to quick for it to sustain as shown in the RSI ( on the weekly chart it reached Overbought )
this may just be a correction for the rise but IN MY OPINION im going long as this pattern seems imminent for breakout
( MY POSITION FOR THOSE THAT WANT TO KNOW
33 @12.09)
Here is MY PERSONAL OPINION ( I AM NOT A PROFESSIONAL TRADE AT YOUR OWN RISK)
It Seems that AMD has formed an Ascending Triangle Pattern and has broken out
however because of the recent gains it has ryzen ( people that know what i mean :), ) to quick for it to sustain as shown in the RSI ( on the weekly chart it reached Overbought )
this may just be a correction for the rise but IN MY OPINION im going long as this pattern seems imminent for breakout
( MY POSITION FOR THOSE THAT WANT TO KNOW
33 @12.09)