AMD attacks pivotal resistance - Analysis - 11-06-2019
2019-06-11 11:40:36 GMT
(Economies.com)
AMD's stock surged 2.53% in the last session, tackling the pivotal resistance of 33.50, amid the dominance of the upward trend in the medium and short terms, with positive pressure from the 50-day SMA, while the RSI reached overbought levels.
Therefore we expect more gains for the stock, provided the resistance of 33.50 was breached, targeting the next one at 36.72.
Expected trend for today: Bullish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.2134
|
-0.0039
|
0.3191%
|
|
|
|
|
1.4120
|
-0.0016
|
0.1153%
|
|
|
|
Tadawul
|
10322.68
|
86.96
|
0.85%
|
|
|
|
|
27.405
|
-0.400
|
1.437%
|
|
|
|
|
65.401
|
0.009
|
0.014%
|
|
|
|
|
68.55
|
0.41
|
0.60%
|
|
|
|
|
1829.960
|
-14.265
|
0.773%
|
|
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