AMD has made an impressive bull run during the past month from a low of 60.05 on January 6th to a high of 88.94 on February 2nd, for a total gain of 28.29 per share. This run was triggered by a key reversal, so it's possible that a key reversal will also signal its end.
I would pay close attention to today's bearish key reversal, and the double-top that formed near a resistance line going back to late 2020/early 2021.
Disclaimer: I am not a financial advisor, and the above statements are not investment advice. My comments are only intended for educational purposes. You are solely responsible for your own trading decisions.
Trade closed: target reached
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Target of about 80 (the lower end of the channel/triangle) was reached. I'm now looking for a reversal that I can get behind.