AMD
The positivity is still hovering around the stock after it failed to break the support level at 73.80, which gave more hope to buyers to stick to the stock to achieve greater gains.
Technical signals that support purchases
1- It failed to break the support level and bounce back with positive momentum
2- After the first ascending wave, the stock entered a correction process, forming the flag and flag pattern on the four-hour frame
3- Positive penetration of the flag pattern with a candle on Thursday with a very high trading volume, which enhances the buying operations
4- Penetration of the Demark trend and stability above it with a daily candle
Beginning to form a harmonic pattern (SHARK)
Objectives
89.13 resistance level
99.20 bid level has pushed the price lower previously
The positivity is still hovering around the stock after it failed to break the support level at 73.80, which gave more hope to buyers to stick to the stock to achieve greater gains.
Technical signals that support purchases
1- It failed to break the support level and bounce back with positive momentum
2- After the first ascending wave, the stock entered a correction process, forming the flag and flag pattern on the four-hour frame
3- Positive penetration of the flag pattern with a candle on Thursday with a very high trading volume, which enhances the buying operations
4- Penetration of the Demark trend and stability above it with a daily candle
Beginning to form a harmonic pattern (SHARK)
Objectives
89.13 resistance level
99.20 bid level has pushed the price lower previously
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