AMD is forming a symmetrical triangle that should result in a roughly ~3% move to either side. I do spot a very small divergence on RSI telling me there are better odds of this going to the upside to around $95 where it has strong resistance. If that occurs, it appears AMD is forming a HS pattern.
PT $95 or $89 this week.
I will be entering a $90/$95 debit spread expiring Dec 31st.
PT $95 or $89 this week.
I will be entering a $90/$95 debit spread expiring Dec 31st.