Here is an easy ta for AMD:
AMD is after corona up-trend in consoladtion mode and preparing for next movement.
Stock is close to support line
BB: Down-Trend,
RSI: Up-Trend (need to hit 20 Mark)
MACD: Down-Trend
Volume: No siganl, light selling signal
Chart-Pattern: Close above 55 bull-flag pattern
Bullish short-Term setup: Support hold
Buy at 51 $ mark
Take Profit: 55 $ resistance
Bearish short-term setup:
Buy at 49
Take profit: 45 $
Long-Term setup:
Close above 50 $ support ->bullish (buy)
Close under 50 $ support-> bearish (wait)
Good luck for your trading :)
AMD is after corona up-trend in consoladtion mode and preparing for next movement.
Stock is close to support line
BB: Down-Trend,
RSI: Up-Trend (need to hit 20 Mark)
MACD: Down-Trend
Volume: No siganl, light selling signal
Chart-Pattern: Close above 55 bull-flag pattern
Bullish short-Term setup: Support hold
Buy at 51 $ mark
Take Profit: 55 $ resistance
Bearish short-term setup:
Buy at 49
Take profit: 45 $
Long-Term setup:
Close above 50 $ support ->bullish (buy)
Close under 50 $ support-> bearish (wait)
Good luck for your trading :)