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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