$AMD Sell the News: FOMC Rate Cut Pullback April ‘24 Setup

194


AMD Daily – April ‘24 Setup Returning

Last time the 10D crossed below the 50D (April ‘24), price tried to reclaim but got rejected on both the 10D & 50D backtest → led straight into the 200D.
Now we’re seeing the same structure: wedge already broke, sitting under the 50D trendline. If rejection holds and we roll under the 10D again, the path toward the 200D is wide open.


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.