TradingView
EBITDAtiger
Jan 28, 2021 11:10 PM

Update on AMD. Load the boat! Long

Advanced Micro Devices, Inc.NASDAQ

Description

Load up, you won't see this stock below $90 often in the future.

The MACD is signaling buy. When the red signal line rises above the MACD line, it's a buy signal.

The RSI is signaling buy. As highlighted, an RSI around 30 signals it is not overbought.

It held the previous support level of 87.52. This is a tremendous sign.

I expect it to carry on in the channel I have created with trend lines. It won't be a straight line up, but it is going up.
More