benedekdomotor

Bull-flag pattern on the daily

Long
NASDAQ:AMD   Advanced Micro Devices Inc
Despite the corrections in the recent weeks, we had a nice reversal in the last 2 days. Now we can see a huge bull flag on the daily chart. Several signs indicate that the run-up will continue. The MACD indicator shows a bullish divergence with lower lows on the price graph and higher lows on the indicator. And we had nice volume while the reversal from the S1 Pivot Point.
Support: 129.36
Resistance: 144.92
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