TradingView
UnknownUnicorn5323213
Oct 8, 2019 8:05 PM

AMD: Full Steam Ahead Long

Advanced Micro Devices, Inc.NASDAQ

Description

This stock's performance is very unusual. There are no clear formations other than the main upper trend line which is nearly 20 years old. But the sheer amount of volume currently being injected into this stock is incredible. Judging by the MAs, Volume and PSAR alone, this is going up to break the ATL.

Look out fo the 26 mark. As long as it doesn't go under 26.00, you can expect the stock to make a run-up towards 32+ pre-earnings, and push above 37 post-earnings like a breeze.

Trade closed: target reached

More