AMD looks bearish

494

-Big time indicators are bearish as well as chart pattern shows price goes under previous all time highs signing more down side push expected.

-look closely around $165 level if price pulls back and consolidate around that area next day or two.
- If bounces down, the next targets are $145 and $135 in opinion.

Really appreciate your thoughts and ideas on this view!

Thank you and Good luck.

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.