NASDAQ:AMD   Advanced Micro Devices Inc
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What a day!
For AMD , the day started with a breakthrough of the supporting line of the "Descending Triangle", I described in Part 2. After the bearish trap, the price moved back even into the pattern! After this, there has been a retesting of the magenta trendline , which slightly failed!
Now, we are probably in a shorttime "Falling Wedge" (bullsh pattern). If this pattern will be broken, it will end up with an "Rectangle". -On a time frame, the end of the correction will not be far away.
Comment: IF this "Falling wedge" would be broken to the downside,then it would end up in a "Rectangle"...
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