AMD broke out of recent downtrend. Short term price target on the upside is 19.50 - 20.50.
There will be major resistance from previous support of around ~ 18.50 which also coincides with 200MA shown in orange.
There will be major resistance from previous support of around ~ 18.50 which also coincides with 200MA shown in orange.
Comment:
Retest of the downtrend is at 17.40. Closing below that will negate the price target