SimplyCash

Getting primed for a big move - Wedge Pattern

NASDAQ:AMD   Advanced Micro Devices Inc
Every ticker has its own behavior. The observation with AMD is that there are long periods of consolidation with a violent move upwards and multi-day runs. The chart is indicating AMD is trading in a tighter wedge pattern as time progresses. Will be looking to add heavily if/when it ever reaches the $75 area on the daily support trend.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.