$AMD & $META - 50DMA is Lost
1. $Advanced Micro Devices(AMD)$ - That Candle Better Confirms a Morning Star
Oscillator is curling in oversold zone and the candle has volume validation. The Bollinger Band looks more like a slider than a support.
Hope above $133, bearish continuation below it.
Image
2. $Meta Platforms, Inc.(META)$ - 50DMA is Lost
The bearish candle has volume validation and the Stochastic suggests the move is not complete. The Bollinger band may mitigate the continuation. A good case scenario upcoming is a doji candle before any bullish reversal.
The volume behind this move makes the downside look convincing. Time will tell.
Image
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
