Advanced Micro Devices Inc
Long
Mis à jour

AMD breaking out

1 184
hi traders

The price created the downsloping channel and we are getting the breakout right now. The breakout is just happening so the long position can be taken now at 165$.
We are expecting the uptrend to continue.
The technical target for this formation is at 225$ which is corresponding with the previous ATH.
The higher low shown on the chart confirms our bullish bias therefore we don't expect this breakout to turn into the fakeout.

Stop loss: 132$
Good luck
Transaction en cours
Breakout confirmed

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.