$AMD TOP 20
Added 2024-05-12 18:09:55 +0000 UTCI have added in the RSI and MACD indicators here to help us to read its direction next, in addition to the 200 Day MA support level and the 0.618 Fib holding too.
Both indicators are showing that a bottom is potentially in for this pull back and there has been a notable drift higher as support has so far being held.
I have a position here but I will not add until I see a higher high and higher low
Getting back above the blue line at $164 would be a strong bullish move.
We saw this week how $TSM is now comfortably moving in its Wave 5 with no surprises, $AMD may follow suit here.
