I’m forecasting AMD to hit and exceed $93.3 before Nov. 3rd earnings call.
1D Chart
AMD continued on its uptrend that began on Sept. 25th. and broke out of its bottom channel that began on Sept. 3rd.
5 min. Chart
Current support $83.2. Current resistance at $85.19. It appears that AMD is currently in a rounding bottom and am expecting a breakout this week or early next week. Rounding bottom confirmed on 1hr and 3min chart. Near the breakout, look for a bullish increase in volume. However, we could see a classic cup and handle form within the next two weeks (don't be afraid if we dip between $84-$82.
1D Chart
AMD continued on its uptrend that began on Sept. 25th. and broke out of its bottom channel that began on Sept. 3rd.
5 min. Chart
Current support $83.2. Current resistance at $85.19. It appears that AMD is currently in a rounding bottom and am expecting a breakout this week or early next week. Rounding bottom confirmed on 1hr and 3min chart. Near the breakout, look for a bullish increase in volume. However, we could see a classic cup and handle form within the next two weeks (don't be afraid if we dip between $84-$82.
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.