Possible buy opportunity
Aktualisiert
Well, if the recent upward movement continues, then we might have some good opportunity over here.
AMD is considered to be one of the best "comeback kings", which means once it was oversold, it usually runs back to overbought levels very quickly.
It was oversold on multiple timeframes recently, and based on the MACD indicator. We might see some trend reversal( Regular Divergence is showing up).
The first price target is 52,12 the second one is around 55,40
However, it is still down-trending on RSI, so having a stop loss is crucial. (48,31)
AMD is considered to be one of the best "comeback kings", which means once it was oversold, it usually runs back to overbought levels very quickly.
It was oversold on multiple timeframes recently, and based on the MACD indicator. We might see some trend reversal( Regular Divergence is showing up).
The first price target is 52,12 the second one is around 55,40
However, it is still down-trending on RSI, so having a stop loss is crucial. (48,31)
Trade geschlossen: Ziel wurde erreicht
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.