Is AMD stock a buy or sell?
Is AMD stock a buy or sell? key technical analysis and forecast supporting to sell it 🔍
When it comes to deciding whether AMD stock is a buy or sell, recent price action and technical indicators offer valuable insights. Currently, AMD (Advanced Micro Devices) is showing signs of weakness as it fails to hold within a long-term upward channel on the daily chart. A bear flag pattern is forming, which is often a bearish indicator that may suggest further downside. Here’s what traders and investors need to know to make an informed decision about buying or selling AMD stock.
Bear flag on AMD stock: a potential sell signal 📉
A bear flag pattern has emerged on the daily chart,…