Advanced Micro Devices Inc
Short
Updated

$AMD downside prevails as long as $147.14 is resistance

Our view is negative until $147.14 pivot breaks to the upside.

The RSI is below it's neutral area of 50. The MACD is below its signal line and negative. Furthermore, price is below the 20, 50 and 100 day moving averages.
Note
We revised our charts as the price targets to the downside were hit.

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