Short if the price break through 196.12. Target price around 110. Set a stop price around 206.
As of 10 April 2024, AMD PE ratio is at 334. It had a long failed upward candle on 8 March 2024. Downside till 95 dollars.
There was an upward breakout after the broadening formations (Right angled and descending). The breakout is nearing the end. Trading the pullback. Target price:43.13 Stop loss: 58.71 Risk/Reward Ratio: 2.9
Short when the price break through the bottom trend line. Wait for confirmation. Monitor and close the trade if the trend changes and move above the trend line. Target price: 15.10
A breakout from descending broadening wedges. The upward trend had stopped. Action: Short Target: Support level Profit: Around 25%
The price has break out from the channel is looking at a possible upside after a retracement.