it should be now rising up till the levels of 23 - 25 or if it breaches the yellow area as attached chart and close under its levels for 1Day Closing, it would be downward till 16.00 to retest the support level at this price.
Comment:
we can see that the RSI Index shows a sign for oversold issue on the AMD Stock, and that would pushing it to higher levels as we expecting.
Comment:
Am afraid that there’s an opportunity to go bearish again till 18.65 again, in that way, there a head and shoulders pattern was made. And it’s make price falling to 16.00
Trade closed: target reached