The 10-day EMA has crossed the 50-day EMA once again for AMD, indicating a bullish run.
A pennant pattern has also formed, which may allow AMD to breakout to $90+ if the $87 resistance is broken.
Stock is currently overbought, but riding the wave may allow a continued profit.
Disclaimer*** This is not professional trading advice and should not be taken as such.
A pennant pattern has also formed, which may allow AMD to breakout to $90+ if the $87 resistance is broken.
Stock is currently overbought, but riding the wave may allow a continued profit.
Disclaimer*** This is not professional trading advice and should not be taken as such.
Note
Trade Open: 9/25 $85.5 CallTrade closed: target reached
(+76% Profit)
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.
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.