Volume of Stock has decreased a lot. Stock fell below the average volume buy price and traders are worried of a larger downturn. But numbers are solid and there is not much room left to keep the stock under $90. Trend Support and recent downtrend resistance will be tested once again and then the breakout upward is unavoidable. This might then be the push through...
Not sure what next stop will be. Maybe correcting down to 20€ again to then push through €30. Possibly going sideways now until new years.
If resistance is pushed through, this might bei in mid 30's
Candle Sticks showed a bullish sign, breakout above $65 rushed to mid 80's.
RSI is very high since several days, and high since weeks. Consolidation will be most likely. Target down to the $65 area as lowest point and technical support of trend. Everything under $75 should be a good entry for a long position.
AMD as a company still is on a good journey. Numbers...
Candlesticks show strong bullish signal. $49 was the chance for many to sell their Puts, and many did. Possible release in June or begining of July of new CPU's will encourage long positions.
My prediction is above $60 for June. Maybe faster, next week will be interesting.
If tomorrow's Friday trading will close green, then bullish signal is even stronger and...
