It hit an earlier high last Friday, and the impact was unsuccessful. Back on the 5-day EMA today to test if there is support at the bottom. Looking at the bottom support so far, the bottom support is strong, and it will rise again for the second time in the next two days.
$Advanced Micro Devices(AMD.US$
Two possibilities:
If you successfully rush higher, you will continue to rush for 99 yuan.
The rise was unsuccessful, and once again stepped back on the 5-day EMA. If the 5-day EMA falls below, consider reducing positions and wait and see.
In US stocks, two consecutive gains and failures are usually seen as a sign of leaving the market.
Two possibilities:
If you successfully rush higher, you will continue to rush for 99 yuan.
The rise was unsuccessful, and once again stepped back on the 5-day EMA. If the 5-day EMA falls below, consider reducing positions and wait and see.
In US stocks, two consecutive gains and failures are usually seen as a sign of leaving the market.
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