Advanced Micro Devices Inc is currently in an ascending channel, enhanced by Fibonacci.
We now see a strong support around the 0.236 level, which seems to be working with a powerful, 200 EMA support as well.
The current trend is bearish, shown by a Head and Shoulders pattern, but will become bullish if it bounces off the strong support zone.
Feel free to follow me for more of my ideas,
Good luck!
We now see a strong support around the 0.236 level, which seems to be working with a powerful, 200 EMA support as well.
The current trend is bearish, shown by a Head and Shoulders pattern, but will become bullish if it bounces off the strong support zone.
Feel free to follow me for more of my ideas,
Good luck!