Long AMD for the next 22 days
Looks like this is poised for a strong rebound amid outstanding ER beat top and bottom and strong upward revised guidance.
Evident from charts:
1. Oversold RSI <50 @ 47.98
2. Bouncing off lower bollinger band @ 13.06
3. Bouncing off trendline @ 13.13
4. Golden cross 50DMA crossover 100DMA
5. StochRSI <0.2
6. Selling volume exhaustion < avg 94.M, 60M for the last few days.
Please provide your comments below! ; )
Evident from charts:
1. Oversold RSI <50 @ 47.98
2. Bouncing off lower bollinger band @ 13.06
3. Bouncing off trendline @ 13.13
4. Golden cross 50DMA crossover 100DMA
5. StochRSI <0.2
6. Selling volume exhaustion < avg 94.M, 60M for the last few days.
Please provide your comments below! ; )
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.