Amd - Break, Retest And New All Time Highs!

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Amd (AMD) is about to start another +100% rally:



Click chart above to see the detailed analysis👆🏻

Amd just retested and rejected a major previous horizontal structure and is starting the next major bullish wave towards the upside. Looking at previous cycles and the rising channel pattern, it is quite likely that Amd will follow Nvidia and create new all time highs soon.

Levels to watch: $130, $270

Keep your long term vision,
Philip (BasicTrading)

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تم فتح الصفقة

Trading update on Amd (AMD):



Click chart above to see the detailed analysis👆🏻

It currently seems like Amd is heading back to the previous horizontal support level which has been pushing price higher in the past. However, this correction does not mean that Amd is bearish because the trend is clearly towards the upside and all time highs will follow soon.

Levels to watch: $130, $270

Keep your long term vision,
Philip (BasicTrading)