$AMD Same Chart Pattern Again(?) Possible breakout in the future
The week pattern of $AMD we can see the form of some potential chart pattern as in the the past.
Specifically we can see the uptrend at april 2018 ($9) until the september 2018 ($35) and then the price dropped at the previous resistance ($16) that then served as new strong support.Then after moving sideways it broke the new resistance at 35$ forming a new uptrend from october 2019 to february 2020 ($52) . The chart pattern look the same as the pattern in 2018. And now as it seems the price is dropping and might meet the support at $35. Then it will bounce in the support do some sideways movings until break the resistance of $52. It is just some idea.
Specifically we can see the uptrend at april 2018 ($9) until the september 2018 ($35) and then the price dropped at the previous resistance ($16) that then served as new strong support.Then after moving sideways it broke the new resistance at 35$ forming a new uptrend from october 2019 to february 2020 ($52) . The chart pattern look the same as the pattern in 2018. And now as it seems the price is dropping and might meet the support at $35. Then it will bounce in the support do some sideways movings until break the resistance of $52. It is just some idea.
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