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AMD reversing trend from consolidation?
AMD has been consolidating for a few weeks now from the 130-131 Key Level. AMD had strong support at 107 and has bounce up past the 110 level. If AMD can break the 115 level it has room to go as high as the 130-131 key level.
The technicals are nearing confirmation of the setup through the Triple EMA & MACD indicators on the 1 hour time frame. The daily chart shows the reversal may be soon as well.
The technicals are nearing confirmation of the setup through the Triple EMA & MACD indicators on the 1 hour time frame. The daily chart shows the reversal may be soon as well.
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