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basictradingtv
Apr 17, 2024 7:22 PM

AMD - Finally a correction? 

Advanced Micro Devices, Inc.NASDAQ

Description

Hello Traders and Investors, today I will take a look at AMD.

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Explanation of my video analysis:

Back in 2022 AMD perfectly retested the previous all time high which was turned support after AMD stock broke it towards the upside in 2020. Furthermore AMD stock also created a bullish symmetrical triangle formation and already broke out towards the upside. More often than not we will see a retest of the breakout level, potentially bullish confirmation and then the continuation towards the upside.

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Keep your long term vision,
Philip (BasicTrading)
Comments
basictradingtv
A smash of that "Like👍" button is really much appreciated if you enjoyed today's AMD breakdown! Keep your long term vision.
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