AMD is looking to end its year long consolidation and look to new horizons.
Thoughts:
* Looking at the weekly or even monthly time frames you can see it's in a clear up trend
* It'll have to brake and close above $94.28 before it can attempt to break through its all-time-highs.
* Very high trading volume likely to push the price higher from here.
Trade idea:
* Judging by the price-action it seems like this may come back to retest the $87.40 area.
* Look for buying opportunities around the $87.40 area.
OR
* Wait for a weekly confirmation (break and close) above $94.28
Thoughts:
* Looking at the weekly or even monthly time frames you can see it's in a clear up trend
* It'll have to brake and close above $94.28 before it can attempt to break through its all-time-highs.
* Very high trading volume likely to push the price higher from here.
Trade idea:
* Judging by the price-action it seems like this may come back to retest the $87.40 area.
* Look for buying opportunities around the $87.40 area.
OR
* Wait for a weekly confirmation (break and close) above $94.28
Nota
Nice healthy pullback!Nota
AMD is giving multiple buying opportunities in the $87 area.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.