HI TRADERS βThe possible scenario of AMD is specified. As you can see, after breaking the long-term downward trend, the trend started to grow up to the range of 89 and then with a slight correction, it was able to grow again from the range of $76.
It is currently trading in the range of $83.24 and is above the 60 EMA. We can expect the price to grow to the range of $89. We have to see how the price will react to the $89 resistance range. If it stabilizes above the range of $89, the next target is the range of $97.
Keep in mind that it is important to maintain the $75 support Zone for the continuation of the uptrend
let's see...
β (DYOR)...β β
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It is currently trading in the range of $83.24 and is above the 60 EMA. We can expect the price to grow to the range of $89. We have to see how the price will react to the $89 resistance range. If it stabilizes above the range of $89, the next target is the range of $97.
Keep in mind that it is important to maintain the $75 support Zone for the continuation of the uptrend
let's see...
β (DYOR)...β β
WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea πβ
IF you like my analysis please LIKE and comment πβ
Trade closed: target reached:
HI TRADERS β As you can see All targets reached ππ₯ββ
π₯
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