Tutur
Short

Inverse CUP & HANDLE on AMD

NASDAQ:AMD   Advanced Micro Devices Inc
AMD is forming an inverse Cup & Handle pattern. The handle forms a flat triangle. If price breaks below the lower limit, a bearish trend will be confirmed.
You can either enter the trade know (aggressive) or wait for the breakout confirmation.
AMD has a high beta compared to the Nasdaq, if trade talks do not go well, it could lead to a serious bearish period, especially after the crazy week we just had.

Comments

It looks more like a teapot and spout to me.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out