AMD closed on Friday around the .382 fib.
It needs to bounce here, or will probably revisit $47.5, and possibly $46.
Luckily, the RSI is bottomed out so that gives it a good bounce opportunity.
Regardless, the chart does not look promising after this last week.
It needs to bounce here, or will probably revisit $47.5, and possibly $46.
Luckily, the RSI is bottomed out so that gives it a good bounce opportunity.
Regardless, the chart does not look promising after this last week.