NASDAQ: AMD Advanced Micro Devices, Inc. is an American multinational semiconductor company based in Santa Clara, California, that develops computer processors and related technologies for business and consumer markets.
Gann Fan Outlook:
As we can clear see on the Weekly TF, AMD has respected this charted Gann Fan multiple times. Currently sitting above Angle 1/2, price action is telling us we are still currently above averagely "Bullish".
Im interested to see If price breaks Daily Resistance and hits any of the charted TB Fib Extension Targets closer to the Angle 1/3. On the flip side if we break Daily Support & Former Support im interested to see if price action will return to the Angle 1/1 (which is also a former level of Resistance).
Cheers to the next 6 months!
"DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
Gann Fan Outlook:
As we can clear see on the Weekly TF, AMD has respected this charted Gann Fan multiple times. Currently sitting above Angle 1/2, price action is telling us we are still currently above averagely "Bullish".
Im interested to see If price breaks Daily Resistance and hits any of the charted TB Fib Extension Targets closer to the Angle 1/3. On the flip side if we break Daily Support & Former Support im interested to see if price action will return to the Angle 1/1 (which is also a former level of Resistance).
Cheers to the next 6 months!
"DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."