Scatman_Jeff

$AMD downside prevails as long as $147.14 is resistance

Short
Scatman_Jeff Updated   
NASDAQ:AMD   Advanced Micro Devices Inc
Our view is negative until $147.14 pivot breaks to the upside.

The RSI is below it's neutral area of 50. The MACD is below its signal line and negative. Furthermore, price is below the 20, 50 and 100 day moving averages.
Comment:
We revised our charts as the price targets to the downside were hit.

Please see related ideas below
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.