AMD in the next days
AMD got rejected at the ATH and has now a dobble top up there.
I see a downside potential to the Resistance at about 47. It seems possible to me that we will see it going straight to the area the blue arrow points. There it would have additional support from the trendline.
MACD could sturn downside but not clear yet. RSI just came down a bit from overbought.
Target 47
I see a downside potential to the Resistance at about 47. It seems possible to me that we will see it going straight to the area the blue arrow points. There it would have additional support from the trendline.
MACD could sturn downside but not clear yet. RSI just came down a bit from overbought.
Target 47
Trade closed: target reached
the target of 47 been reached soon. traders with balls could have gone to 45.Anyway this idea is closed as we went over the dobble top.
Trade closed: target reached
added the chart
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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.