AMD climbs within descending price channel - Analysis - 14-04-2021
Economies.com
2021-04-14 10:40AM UTC
AMD's stock rose 2.05% in the last session while trading within a descending price channel that guided recent trading, with negative signals from the RSI, as it suffers from the 50-day SMA.
Therefore we expect the stock to return lower, targeting the pivotal support of 73.83, provided the resistance of 84.62 holds on.
Expected trend for today: Bearish
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