AMD Technical Analysis
Here is a technical analysis of Advanced Micro Devices stocks:
-AMD is now making its 3rd touch on the ascending channel which coincides with a resistance zone set by the high of May 2000;
-RSI is oversold on the Monthy, Weekly and Daily charts;
-Bearish divergence on the Daily chart;
Considering the abovementioned facts, probabilities point for a move to the downside but, since this is a volatile market, be patient to see where it moves and always use stop-losses.
This is not financial advice
-AMD is now making its 3rd touch on the ascending channel which coincides with a resistance zone set by the high of May 2000;
-RSI is oversold on the Monthy, Weekly and Daily charts;
-Bearish divergence on the Daily chart;
Considering the abovementioned facts, probabilities point for a move to the downside but, since this is a volatile market, be patient to see where it moves and always use stop-losses.
This is not financial advice
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.
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.