William-trading

AMD - Descending triangle in formation, bullish break? Lets see!

Long
NASDAQ:AMD   Advanced Micro Devices Inc
AMD had a larger descending triangle formation and in fact, there are two support zones I will be looking at to buy. Support zone 1 and 2. More details in the chart.
Comment:
The bullish pin bar that was formed yesterday (4th March 2022) rebounded near my support zone 2 at US$105.59. However, the need to break above US$116.00 remains.
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