AMD. Inc had a good run since december 2017. Now it bumped into a 6-month resistance.
If AMD Inc. fails to break through this resistance, it may find support on the short term support. If the share price continious to fall, it may find another support on the longer term support which is also the 0.618 fibonacci retracement level. The RSI (65.2) is higher than average. The MACD is about to cross over which indicates a bearish signal. If the longer term support holds, then the chart will be forming a descending triangle which is, when broken to the upside, a bullish signal.
I just want to give my humble opinion on some products by doing technical analysis. There may be some minor and/or major flaws. Nobody is perfect and I'm willing to learn from my mistakes through your opinions. Thank you.
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Disclaimer: This is not financial advise.