cheesecake1
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since Apr 18, 2018
amd
bullish
long
trendanalysis
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Looks like AMEX:SPY can hover here and trade higher from these levels. RSI is hot and momentum is carrying this uptrend. Low volume = sellers not in sight. NASDAQ:NVDA earnings might push it to close above $531.50 by Wednesday. A down day with high volume will be the beginning of a pullback.
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NASDAQ:AMD is dealing with the 100 and 50 SMA as resistance. A bit more sides ways consolidation and I believe it can break it. Support at $159.67 to fill gap along with rsi making a higher low.
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AMD breaks above resistance from down trend resistance at support levels from Dec and January. Looks good for a short, long trade. Thoughts?
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