Long AMD for the next 22 days
Looks like this is poised for a strong rebound amid outstanding ER beat top and bottom and strong upward revised guidance.
Evident from charts:
1. Oversold RSI <50 @ 47.98
2. Bouncing off lower bollinger band @ 13.06
3. Bouncing off trendline @ 13.13
4. Golden cross 50DMA crossover 100DMA
5. StochRSI <0.2
6. Selling volume exhaustion < avg 94.M, 60M for the last few days.
Please provide your comments below! ; )
Evident from charts:
1. Oversold RSI <50 @ 47.98
2. Bouncing off lower bollinger band @ 13.06
3. Bouncing off trendline @ 13.13
4. Golden cross 50DMA crossover 100DMA
5. StochRSI <0.2
6. Selling volume exhaustion < avg 94.M, 60M for the last few days.
Please provide your comments below! ; )
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