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dorfmanmaster

AMD - Reverse head and shoulders formation

Long
Advanced Micro Devices Inc (NASDAQ:AMD)  
dorfmanmaster  
NASDAQ:AMD   Advanced Micro Devices Inc
Technical Indicators Chart Patterns Head and Shoulders reverseheadandshoulders AMD SOXX semiconductors leaders formations
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indicator chartpattern headandshoulders reverseheadandshoulders amd soxx semiconductors leaders formations
AMD is forming a reverse head and shoulders. If we can break the ATH resistance on good volume, AMD will probably keep rallying.

RSI has been trending higher, but it is not as high as it was in its past peak. (short-term bear).

OBV has been trending higher, and its current value is slightly higher than its previous peak (short-term bull).


Keeping on a watchlist.

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