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TradingShot
Aug 7, 2023 2:26 PM

AMD Still a buy as long as the 1D MA100 holds.Β Long

Advanced Micro Devices, Inc.NASDAQ

Description

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Advanced Micro Devices (AMD) is trading on its 1D MA50 (blue trend-line), still within the 10 month, maintaining its buy status. As long as the 1D MA100 (green trend-line) holds, we will be long and target the 165.00 All Time High (ATH). If the price closes a 1D candle below the 1D MA100, we will take the loss and open a sell, targeting the 0.5 Fibonacci level at 95.00, on a potential contact with the 1D MA200 (orange trend-line) too, which is intact since March 02.

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Comments
WalterMoon
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Thanks for awesome AMD explanation
LegionQ8
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Awesome AMD overview mate, I'm fully agree with you
KlejdiCuni
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I share the same opinion as you. Thank you
DeGRAM
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Thank you for sharing your analysis
basictradingtv
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plain and simple higher!
FirstNameHelen
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I guess we have a similar view on this pair, well done!
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