AMD skids - Analysis - 29-07-2019
Economies.com
2019-07-29 14:45PM UTC
AMD's stock skidded in the intraday levels after the resistance of 34.78 held on, while gathering momentum to help it rise anew, while also trading within an ascending price channel in the medium term, with positive support from the 50-day SMA.
Therefore we expect the stock to rise provided the support of 32.44 holds on, targeting then ext one at 34.78.
Expected trend for today: Bullish
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