AMD is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If AMD continues in its current trajectory, we could see it reach 123.6771 within the next 3 days.
Related Posts
If you’re long AMD you should be aware of the rapidly approaching level of 114.2000
AMD is approaching a support line at 114.2000. If it hits the support line, it may break through…
NFLX is quickly approaching the resistance line of a Channel Up. We expect either a breakout through this line or a rebound.
NFLX is moving towards a resistance line which it has tested numerous times in the past. We have…
Important price line breached by AAPL. This price has been tested numerous times before.
A strong support level has been breached at 199.7100 on the 1 hour AAPL chart. Technical Analysis theory…