AMD: A Move Below 99.50 Can Push The Price Down Further

AMD: A Move Below 99.50 Can Push The Price Down Further

The price has already broken out of a strong support zone near 107.50

So far the price is still below 107.50 and it looks like AMD can face with a bearish winter if 99.50 will be broken.

$100 is a strong psychological price for AMD and a close of the daily and weekly candles below $100 should signal further weakness.

So let's see how far he goes this time.

You can find more details in the chart!

Thanks and good luck!

Comment:

The bearish wave began

Comment:

AMD from 100.34 to 96.11 :)