AMD Trend Fib Retracement

260
The full bullish trend retracement over the last couple of months.
If AMD breaks down at the 13.22 mark expect further declines in the stock.
Otherwise, target of 15.17 seems reasonable.
Also, notice the bullish crossover occurring between the 50 and 100 SMA

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.