AMD Hitting Support Level
Updated
AMD close to hit a 4 times support level @ $99.36 in a descending triangle pattern.
The chart demonstrated a similar move back in 14th of may 2021 bouncing at a support level of $72.62.
After the 5th bounce the price showed upward momentum reaching its all time high of $164.46.
The chart demonstrated a similar move back in 14th of may 2021 bouncing at a support level of $72.62.
After the 5th bounce the price showed upward momentum reaching its all time high of $164.46.
Note
Was waiting for an entry candle at 99.36.Price have broken the $99.36 support.
Next support level @ $74 as shown.
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