AMD leans on important support - Analysis - 15-07-2021

Economies.com
2021-07-15 10:10AM UTC

AMD's stock fell 1.34% in the last session while gathering momentum to help it rise anew, leaning on the support of 88.85, while trading alongside the upward short-term trend line, with positive support from the 50-day SMA. 

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 98.00, provided the support of 88.85 holds on.

 

Expected trend for today: Bullish 

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