Will it break out from its channel?!
The MACD indicator shows it will because it is at a support level with increasing bullish momentum.
However; the Bollinger Bands indicates that: AMD is at overbought territory and bad earnings could be disastrous for the stock price.
Support: 49.03
Next bigger resistance: ?? (maybe the moon)
The MACD indicator shows it will because it is at a support level with increasing bullish momentum.
However; the Bollinger Bands indicates that: AMD is at overbought territory and bad earnings could be disastrous for the stock price.
Support: 49.03
Next bigger resistance: ?? (maybe the moon)
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Breakout play
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