Hello Traders and Investors, today I will take a look at AMD.
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Explanation of my video analysis:
Back in 2022 AMD perfectly retested the previous all time high which was turned support after AMD stock broke it towards the upside in 2020. Furthermore AMD stock also created a bullish symmetrical triangle formation and already broke out towards the upside. More often than not we will see a retest of the breakout level, potentially bullish confirmation and then the continuation towards the upside.
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Keep your long term vision,
Philip (BasicTrading)
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Explanation of my video analysis:
Back in 2022 AMD perfectly retested the previous all time high which was turned support after AMD stock broke it towards the upside in 2020. Furthermore AMD stock also created a bullish symmetrical triangle formation and already broke out towards the upside. More often than not we will see a retest of the breakout level, potentially bullish confirmation and then the continuation towards the upside.
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Keep your long term vision,
Philip (BasicTrading)
#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.8K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.8K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.8K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.8K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.