AMD (Advanced Micro Devices) - Bullish Momentum at Support - 4HR
AMD (Advanced Micro Devices) stock price has reached a Support zone above $100 for the fourth time this year.
Bullish momentum is also building in the MACD indicator.
Entry (long): $103.72
Take Profit +12% (exit): $116.24
Stop Loss -6% (exit): $97.43
Note: this chart setup could be overridden if the Nasdaq and major Tech Stocks pullback down this month.
Essentially, support price needs to hold above $100 for AMD stock to potentially rally up.
All content is Not financial advice. Trade at your own risk.
Bullish momentum is also building in the MACD indicator.
Entry (long): $103.72
Take Profit +12% (exit): $116.24
Stop Loss -6% (exit): $97.43
Note: this chart setup could be overridden if the Nasdaq and major Tech Stocks pullback down this month.
Essentially, support price needs to hold above $100 for AMD stock to potentially rally up.
All content is Not financial advice. Trade at your own risk.
Commentaire:
04/08/2022: AMD stock price is testing $100 support.
Follow Me on TradingView, Youtube, and X!
Social Media links are in my profile.
Boost, comment, cheer, and share to support.
All posts are not financial advice.
Social Media links are in my profile.
Boost, comment, cheer, and share to support.
All posts are not financial advice.