Advanced Micro Devices / AMD is above the 1day MA50 testing Falling Resistance 2, which is the final Resistance level before a complete technical bullish break out.
This move was generated after a textbook test and rebound on the 1day MA200, inside the Higher Lows Zone of the long term uptrend.
With the 1day MACD on a Bullish Cross, if the Falling Resistance 2 level breaks, buy and target 128.00 (+35.40% rise, the minimum so far on a 12 month range).
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This move was generated after a textbook test and rebound on the 1day MA200, inside the Higher Lows Zone of the long term uptrend.
With the 1day MACD on a Bullish Cross, if the Falling Resistance 2 level breaks, buy and target 128.00 (+35.40% rise, the minimum so far on a 12 month range).
Follow us, like the idea and leave a comment below!!
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