SamSuka
The Long Investor
The Long Investor

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$AMD TOP 20

This is getting a lot of attention now

It is in the sweet spot between the 0.618 Fib and the 200 WMA at $114 now, so all we need to see is a hold of support

I have shared the weekly chart here to see where the 200 WMA is but we can also see that the RSI on the weekly is near oversold territory....while on the daily, it is completely in oversold territory, so a relief bounce is likely next at the very least

$164 is my target if the reversal comes next and I would consider adding at or below the 200 WMA.

$AMD TOP 20

Comments

I don’t quite understand the waves on this one… @vol does this match in any part of the learning Center?

Chris H


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