Technician

AMD(Request): Approaching A key Resistance

BATS:AMD   Advanced Micro Devices Inc
340 2 4
Price in a short term bullish breakout mode, retested 4.25 resistance recently, on a break above it I expect a move to 4.45-4.50 resistance. I would be cautious near this area, as for the short term bullish trend to transform into a longer a more sustained one with a significantly higher upside targets this resistance should be decisively taken(at least few days of trading above it). On a break above 4.5 I will be targeting 6.00 and 8.30.
I teach my experience conclusions in 10+ trading strategies. PM me for details and cost.
We might beakout a bit higher than 4.50. I'd look at it as more of a resistance zone rather than 4.50 exact price. 4.65 to 4.48 is my zone. I have serious doubts regarding AMD's 4th quarter making or breaking analyst estimates. One more week and we shall see AMD's fate.
Reply
Technician QuantitativeExhaustion
Thanks JR , U r right, it is better to make it a zone , you notified me of a swing high that i missed,
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out