AMD - POTENTIAL REBOUND ABOVE THE 50 % FIBONACCI RETRACEMENT

The “Bullish Engulfing” patterns suggests an early signal that the current correction is nearing its limit, Potential rebound above the 50% of the Fibonacci Retracement , Index is likely to break above the 40-day MA line (red) in the later sessions, A spike in the 14-day RSI indicator implies momentum is growing: Look for bullish confirmation.

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Chart PatternsSupport and ResistanceTrend Analysis

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