AMD - Plenty of Technical Reasons to Play into Earnings
Technical Reasons for AMD buy:
1. Shorter MA's crossing above longer MA's
2. Break above 8ma out of recent consolidation
3. Candle over candle confirmation
4. Sustained increasing daily volume
5. Re-test of $22 prior candlestick resistance
6. Bullish pressure due to trend line wedge
7. Bullish Macd gains
8. RSI breaking 60
9. Bulls look to complete Oct gap fill
10. Rally into earnings
11. 100ma gives bulls target move
1. Shorter MA's crossing above longer MA's
2. Break above 8ma out of recent consolidation
3. Candle over candle confirmation
4. Sustained increasing daily volume
5. Re-test of $22 prior candlestick resistance
6. Bullish pressure due to trend line wedge
7. Bullish Macd gains
8. RSI breaking 60
9. Bulls look to complete Oct gap fill
10. Rally into earnings
11. 100ma gives bulls target move
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.