AMD is currently in a bear market with a clear falling wedge pattern. Many signals saying to sell, MACD crossover, 12 day EMA crossed under the 26 day EMA .
Personally I wouldn't open a position here as it is in the middle of the resistance and support lines. Possible opportunities will open up once it hits the support line, long if it bounces, or short if it goes below 9.55~
Personally I wouldn't open a position here as it is in the middle of the resistance and support lines. Possible opportunities will open up once it hits the support line, long if it bounces, or short if it goes below 9.55~