$AMD TOP 20
Added 2023-09-06 10:26:44 +0000 UTC$AMD is just being held at the 50 Day MA, this is the level we said to watch in our last update, this is at $111.20, however yesterday we did see the price going all the way up to $11.86 so there is definitely signs of this not being able to hold and it will move higher shortly.....I believe any pull back from here is a sign to buy when it finds support.
The chart is looking quite strong and ready for its move up.
Those that wish to wait until there is a clean break out of the 50 Day MA at $111.20 and support is held above this level, this is a perfectly acceptable strategy too which is lower risk, at the expense of only losing a few %.
Comments
Would it be good to start building a long term position here, or hold off?
Damien O'Sullivan
2023-09-06 13:00:12 +0000 UTC
