4xForecaster
Long

#AMD - Chart / Predictive Analysis ... Conditionally Bullish ...

278 4 5
#AMD - Chart / Predictive Analysis ... Conditionally Bullish:


Friends,

Currently trading at 4.17, bullish conditions are developing in #AMD. Solid support built at 4.05; significant resistance at 4.82.

Pattern traders might recognize the nascent Shark with potential to link into 5-0 pattern if and when 4.82 target is hit.


OVERALL: A bullish 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.

Cheers,


David Alcindor | 4xQuad.com
Predictive Analysis and Forecasting
David Alcindor, CMT Affiliate #227974
Alias: 4xForecaster (Twitter, LinkedIn, StockTwits)

Signal Service or Private Course - Contact: admin@KADAInstitute.com
All updates on https://twitter.com/4xForecaster
How the indications have changed. You could be right. AMD might just beat earnings est and even beat the .09 whisper
Reply
vaicru PRO
2 years ago
1) H&S
2) Down
Reply
4xForecaster PRO vaicru
2 years ago
@vaicru - Your #1 and #2 points did not show up on my chart, but I (i.e.: the human component of our predictive analytical "machine") can definitely appreciate that potential as well - David Alcindor
Reply
4xForecaster PRO vaicru
2 years ago
... 4.05 makes for a solid support right now, and if breached, a pattern projection of the H&S you proposed could find eventually support right at 3.50 via classic neck extension. Time will tell as always - David Alcindor
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out