AMD bounced nicely off its support at 14.63 (61.8% Fibonacci extension, 76.4% & 61.8% Fibonacci retracement, horizontal pullback support) where it could potentially bounce to its resistance at 20.87 (61.8% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (55, 5, 3) is bounced off its support at 3.5% where a corresponding rise could occur. A bullish divergence with price has also been identified that contributes to our bullish bias.
Stochastic (55, 5, 3) is bounced off its support at 3.5% where a corresponding rise could occur. A bullish divergence with price has also been identified that contributes to our bullish bias.
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