$AMD falling wedge to end today's action. Good sign

kingdips Updated   
NASDAQ:AMD   Advanced Micro Devices Inc
Good sign on AMD with that falling wedge on the 15 min.

When a stock's been hammered for no reason at all except market volatility, we usually try to look for bullish reversals or bullish signs to enter on a swing.

Closing in a falling wedge is good. Doesn't ALWAYS pay off, but if you are swinging it likely means 4-12 weeks anyway, so it's relatively safe here.

Also looking on the Daily chart, it's right on the bottom of the flag trendline:

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Trade active:
Great outcome. Calls are up 35% overnight.
Trade active:
+$10 almost.

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