As you can see, AMD has broken down from a long term rising wedge. Potential Re-test of wedge and rejection coming in the next months/years?
Note
Also, as you can see on the RSI and the MACD, there is a major long term divergence on this monthly chart.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.