NASDAQ:AMD   Advanced Micro Devices Inc
Looking at the daily chart for AMD two things stick out to me.

1. The symmetrical triangle The is forming with clear resistance and support lines on both the chart and the RSI chart.

2. It is bouncing off both the support and resistance lines to form this symmetrical triangle.

What are your thoughts after looking at the chart?

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.