mickeymfa

AMD is this a head & shoulder formation

Short
mickeymfa Updated   
NASDAQ:AMD   Advanced Micro Devices Inc
AMD

It is still too early to tell and we have to wait for a breakdown confirmation. But this looks like a head & shoulder formation.

Order cancelled:
Here is a perfect example why you have to wait for price BO confirmation for taking this kind of trades.
Price didn´t broke down instead it became an important support zone!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.