TradeCobra

Explosive Performance As support Never Broke. Rising Wedge(AMD)

NASDAQ:AMD   Advanced Micro Devices Inc
We were analyzing this one about a month ago with signs of it Squeezing under the most recent horizontal high as it ranged sideways towards long term support.

Major explosive bull movement breached the high and now is proceeding to play the top range of the massive rising wedge on a 3day chart.

I'm mainly interested in playing the breakouts of the major s&r levels on this one.

Stay tuned.

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