AMD seeks a bottom to bolster it - Analysis - 10-09-2019
2019-09-10 14:46:24 GMT
(Economies.com)
AMD's stock fell in the short term while seeking a bottom to bolster it higher, amid negative signals from the RSI after reaching oversold levels, with negative pressure from the 50-day SMA.
We expect the stock to return higher provided the support of 29.59 holds on, targeting the resistance of 31.93 anew.
Expected trend for today: Bullish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1016
|
-0.0019
|
0.1681%
|
|
|
|
|
1.3035
|
-0.0047
|
0.3623%
|
|
|
|
Tadawul
|
8198.32
|
19.85
|
0.24%
|
|
|
|
|
18.027
|
-0.077
|
0.425%
|
|
|
|
|
53.245
|
-1.028
|
1.893%
|
|
|
|
|
59.31
|
0.00
|
0.00%
|
|
|
|
|
1578.695
|
8.065
|
0.513%
|
|
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