AMD Strong buy on the 1day MA100.
Advanced Micro Devices / AMD hit the 1day MA100 after more than 5 months and the first long term buy signal is flashing.
It has completed a -30.15% decline from the recent High, being a Higher High on a Channel Up of almost 2 years.
The last correction from June to October 2023 was exactly -30.15%.
Exploit a double entry strategy with the first buy here on the 1day MA100 and the second if it drops more to the 1day MA200.
The bottom is confirmed after the 1day RSI forms a Rising Support.
Target 260, being the 1.382 Fibonacci extension, which formed the high of June 13th 2023.
Previous chart:
Follow us, like the idea and leave a comment below!!
It has completed a -30.15% decline from the recent High, being a Higher High on a Channel Up of almost 2 years.
The last correction from June to October 2023 was exactly -30.15%.
Exploit a double entry strategy with the first buy here on the 1day MA100 and the second if it drops more to the 1day MA200.
The bottom is confirmed after the 1day RSI forms a Rising Support.
Target 260, being the 1.382 Fibonacci extension, which formed the high of June 13th 2023.
Previous chart:
Follow us, like the idea and leave a comment below!!
TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.