AMD currently forming a bear flag, spending today bouncing between the upper and lower bounds. The two circles are to show that we are not in the same situation from two days ago where a clear ascending triangle was forming. The pattern that has formed here is a bearish flag and if tomorrow open doesn't break above the channel, then a break of the lower bound seem very likely during the third attempt down. Following the break down a small bounce up can be expected to mirror the movement prior to entering the bear flag (blue circle) before a continued drop towards $26.50.