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Andewyl

AMD poised to go up

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Advanced Micro Devices Inc (BATS:AMD)  
Andewyl  
BATS:AMD   Advanced Micro Devices Inc
Trend Analysis Technical Indicators AMD longsetup deathcross sp500analysis advancedmicrodevices bottom
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trendanalysis indicator amd longsetup deathcross sp500analysis advancedmicrodevices bottom
After a -37.90% correction from the all-time high, price action confirms a death cross fakeout between the 55EMA and 200EMA on the 4H.
It now has a solid chance of breaking through the 163 USD resistance, which would make me bullish on every higher timeframe as well.
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