Currently trading at 4.17, conditions are developing in #AMD. Solid support built at 4.05; significant resistance at 4.82.
Pattern traders might recognize the nascent with potential to link into pattern if and when 4.82 target is hit.
OVERALL: A market conversion already occurred per our analysis. Current development includes a potential positive divergence, which remains pending. Once complete, a high-probability rally opens up to levels defined overhead.
David Alcindor | 4xQuad.com
Predictive Analysis and Forecasting
Alias: 4xForecaster (Twitter, LinkedIn, StockTwits)
Signal Service or Private Course - Contact: MarketPredictiveAnalysis@gmail.com
All updates on https://twitter.com/4xForecaster