Fundamentals from Technicals: AMD

29 ก.ย. 2023

The AMD Weekly Chart shows that the stock had attempted to complete the long term bottom at 104.

But over the past few weeks, it dipped below that bottom completion level.

This week it has started move up. This provides a level of fundamental support.

If it had continued downward, then fundamentals would be lower. For now, it appears fundamentals are within the outlined range, an accumulation zone.