Anki112

AMD - GPU Launch tomorrow 18 Nov. Price consolidation ending

Long
NASDAQ:AMD   Advanced Micro Devices Inc
AMD has been lurking in the dark, consolidating quietly (significantly higher volatility than the previous breakout). Purple vertical line represents release date of AMDs 6000 series GPUs. The current consolidation is about 100days in, similar to the last parabolic breakout. Yesterdays daily candle penetrated the top structure. Todays close can determine short term direction. AMD also has 2 open gaps at around 75usd and 64usd to keep an eye on. Next resistance level 87-88.
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