AMD (Advanced Micro Devices) - Bearish Weekly Price Downtrend

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AMD (Advanced Micro Devices) stock price has been in a weekly downtrend, and is currently seeking a lower-low in the price.

If quarterly financial earnings and news this year are not satisfactory, AMD stock price could test support levels to the downside.

Bearish Price Targets: $85, $75, $65.


Head-and-shoulders chart pattern confirmed, loss of $100 price support level, breakdown of parabolic support curve -- all are bearish technical chart events.


All content is Not financial advice. Trade at your own risk.

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ملاحظة

Note: in the shorter-term time frames, price could bounce back up to re-test resistances above at $95, $100, $105.

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ملاحظة

04/27/2022: $85 Bearish Target reached.