AMD is basing and looking to retest the 120 supply zone.. bounced from the B leg of the bearish cypher (previous support is now resistances) A leg retested the supply zone, and retraced back to D leg of the bearish cypher pattern that was sold off. Now D leg is looking to act as support (previous resistances acting as support, same as it did for b leg). buy the dips and look for a retest of the 120 supply zone.
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look for another close soon above X leg, likely in July-August sometime...
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crazy, its already at my yearly target in afterhours..
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already up 100% in one year if you got it at $60, if it can gap over $120 might could still run... will look to close position tomorrow
Trade closed: target reached
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insane run
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i'm Stalking a re-entry
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102.50-97.77 range i'm be patient
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waited 3 months just for a 10% discount, I could see bounce off of X leg, but the weekly chart looks more promising. requires further due diligence