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Advanced Micro Devices Inc
Long
Jan 28, 2021
Update on AMD. Load the boat!
6
Grab this chart
Grab this chart
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.
EBITDAtiger
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AMD
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Support and Resistance
Trend Analysis
Trend Lines
EBITDAtiger
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AMD has underperformed peers but not for much longer
by EBITDAtiger
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