On AMD, on a time unit of 4 hours, we are in a bearish channel situation and, on top of that, we are below the Vwap indicator. This configuration of the chart calls us to a high probability of an upward trend. This will be confirmed by the strong breakage of the resistance line and that of support by the buyers.
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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.