AMD (Advanced Micro Devices) - Bullish Momentum at Support - 4HR

Diupdate
AMD (Advanced Micro Devices) stock price has reached a Support zone above $100 for the fourth time this year.

Bullish momentum is also building in the MACD indicator.


Entry (long): $103.72
Take Profit +12% (exit): $116.24
Stop Loss -6% (exit): $97.43


Note: this chart setup could be overridden if the Nasdaq and major Tech Stocks pullback down this month.
Essentially, support price needs to hold above $100 for AMD stock to potentially rally up.


All content is Not financial advice. Trade at your own risk.
Catatan
04/08/2022: AMD stock price is testing $100 support.
AMDFibonaccinasdaqoptionstradingQQQsemiconductorsemiconductoretfStockssupportSupport and ResistancetrendTrend Lines

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