AMD collects profits - Analysis - 06-11-2019

AMD's stock closed lower after bouncing off a session-high at 37.17, marking a 0.39% loss and gathering momentum while venting off overbought saturation in the RSI, amid the dominance of the main upward trend in the long term. 

Therefore we expect the stock to return higher, targeting the resistance of 37.73. 

Expected trend for today: Bullish