AMD strives to shake off negative pressure - Analysis - 22-08-2019

Economies.com
2019-08-22 14:33PM UTC

AMD's stock fell after touching the resistance of the 50-day SMA, while gathering momentum to shake off negative pressure, amid the dominance of the main upward trend in the medium and short terms, with positive signals from the RSI. 

 

Therefore we expect the stock to rise, especially if the resistance of 32.29 was breached, targeting the next one at 34.78. 

 

Expected trend for today: Bullish  

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