Advanced Micro Devices might be a "short" now
The stock broke below the 30-day and 50-day EMAs on 19 Oct. Prices formed a long block marubozu candle stick, which indicated that bears are in control now.
Both MACD and RSI have been declining.
The stock can sell now or on rebound to 26.12-27.34
Both MACD and RSI have been declining.
The stock can sell now or on rebound to 26.12-27.34
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.