Strong bullish momentum for 
AMD
Currently, the price is sitting on previous support with the Fibonacci Retracement of 50%.
Prices also seem to be bouncing off the 100EMA.
If prices doesn't break below the 3 critical area mentioned, most likely prices will regain momentum and go for the upside.
- Stochastic is undersold
- Strong bullish Relative Strength
"Technology" sector & "Semiconductor" industry has been very bullish.
Though it passes all of my checkboxes, I will still be cautious due to the presidential election. Unexpected news will definitely hurt the technical analysis.
Moreover, I will wait for a confirmation candle, or for the price to take out the majority of stoplosses before a safer entry
AMDCurrently, the price is sitting on previous support with the Fibonacci Retracement of 50%.
Prices also seem to be bouncing off the 100EMA.
If prices doesn't break below the 3 critical area mentioned, most likely prices will regain momentum and go for the upside.
- Stochastic is undersold
- Strong bullish Relative Strength
"Technology" sector & "Semiconductor" industry has been very bullish.
Though it passes all of my checkboxes, I will still be cautious due to the presidential election. Unexpected news will definitely hurt the technical analysis.
Moreover, I will wait for a confirmation candle, or for the price to take out the majority of stoplosses before a safer entry
Dagangan ditutup: sasaran tercapai
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.