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Ahead of next week's earnings event, Rachel Dashiell dials up the chart patterns to track for AMD Inc. (AMD). She says recent RSI momentum patterns have been giving a "warning" of possible waning to the upside. Rachel identifies near-term upside resistance around $352/$355 with the first downside support levels coming in around $345. Zooming out to a 9-month timeframe, she illustrates the significant run in share prices since the end of March.
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By Schwab NetworkAhead of next week's earnings event, Rachel Dashiell dials up the chart patterns to track for AMD Inc. (AMD). She says recent RSI momentum patterns have been giving a "warning" of possible waning to the upside. Rachel identifies near-term upside resistance around $352/$355 with the first downside support levels coming in around $345. Zooming out to a 9-month timeframe, she illustrates the significant run in share prices since the end of March.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about