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AMD: Forming Inverse Head and Shoulder

NASDAQ:AMD   Advanced Micro Devices Inc
Seeing an inverse head and shoulders forming on the 1HR and 4HR chart. On the previous post on AMD, there is a triangle breakout and now it has just broke out nicely last week, seeing a nice golden cross (50ema crossing above the 180ema). $112 could be a sticking point considering it was resistance a few weeks ago, so keep that in mind. There could be a push back towards the $120s if the $112 level breaks. That is where the inverse head and shoulders would complete, so monitor and set alert at $112 to keep an eye on the move
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