AMD 2019 Bearish trend

21 במרץ 2019

1. Bearish trend in weekly chart:
2. Fibonacci retracement level around $25-27$ reached from previous high in Septembre 2018;
3. Upward trend since the begining of the year losing momentum and volume to back it up to newer hights;

A. To watch recent support level at around $15-$16 for any bounce back or breakout;
B. To watch major support level at around $10 of previous years for a bounce back.