I expect AMD in the second half of the November at $86-87 and probability of the bounce will be quite high because:
- there's a level at $86-87
- EMA 200 is expected to be at $86-87
- down trend line at $86-87
- RSI will meet the level at 40
Globally I would expect AMD at $74 in the mid of April 2024 and after this the trend should be reversed and go up.
- there's a level at $86-87
- EMA 200 is expected to be at $86-87
- down trend line at $86-87
- RSI will meet the level at 40
Globally I would expect AMD at $74 in the mid of April 2024 and after this the trend should be reversed and go up.
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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.