AMD has failed to hold support after failing to breakout of the descending trend line.
The preferred price target would now be $94, which is the 61.8% retracement of the move up from $54.5 to ATHs, as well as the 1 to 1 extension of the move down from the ATH to $122 from $173.
Price is however now sitting at the 200W EMA. Should price show a bullish reaction next week, the move down to $94 may not play out. Conversely, confirmation for the move down would be obtained with a breakdown of the EMA.
The preferred price target would now be $94, which is the 61.8% retracement of the move up from $54.5 to ATHs, as well as the 1 to 1 extension of the move down from the ATH to $122 from $173.
Price is however now sitting at the 200W EMA. Should price show a bullish reaction next week, the move down to $94 may not play out. Conversely, confirmation for the move down would be obtained with a breakdown of the EMA.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。