AMD rallies - Analysis - 26-11-2021

Economies.com
2021-11-26 11:45AM UTC

AMD's stock spiked 5.26% in the last session to 157.80, amid the dominance of the main upward trend in the medium and short terms, with support from the 50-day SMA, countered with negative signals from the RSI.

 

Therefore we expect more gains for the stock, targeting the first resistance of 172.35. 

 

Expected trend for today: Bullish

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