Break resistance and retest ATH
AMD got rejected a couple of times @ the resistance sitting at 87.1, last time yesterday
Since I believe it was temporary due to a tweet that affected the whole market to the downside I entered @ 84.
Next support is @ 83, next resistance as mentioned @87.1. As soon as this breaks a retest of the ATH seems to be possible.
MA 50 & MA 200 are bullish just as MACD. RSI leaves room for the ATH retest.
Entry: 84
TP: 94
SL: 78 (at that point it broke down through the MA50 & the blue trendline)
Since I believe it was temporary due to a tweet that affected the whole market to the downside I entered @ 84.
Next support is @ 83, next resistance as mentioned @87.1. As soon as this breaks a retest of the ATH seems to be possible.
MA 50 & MA 200 are bullish just as MACD. RSI leaves room for the ATH retest.
Entry: 84
TP: 94
SL: 78 (at that point it broke down through the MA50 & the blue trendline)
Note
Critical area, I think if it breaks the trendline he price will move to the 74 area. So readjusted he SL to 80Trade fermée: ordre d’arrêt atteint
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.