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AMD - Reverse head and shoulders formation
Advanced Micro Devices Inc
Long
AMD - Reverse head and shoulders formation
By dorfmanmaster
Follow
Follow
Apr 24, 2020
7
Cheer
Cheer
Apr 24, 2020
AMD is forming a reverse head and shoulders. If we can break the ATH resistance on good volume, AMD will probably keep rallying.
RSI has been trending higher, but it is not as high as it was in its past peak. (short-term bear).
OBV has been trending higher, and its current value is slightly higher than its previous peak (short-term bull).
Keeping on a watchlist.
AMD
Chart Patterns
formations
Head and Shoulders
Technical Indicators
leaders
reverseheadandshoulders
semiconductors
SOXX
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