yousufj56
Long

Decision point coming;

NASDAQ:AMKR   AMKOR TECHNOLOGY INC
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On the weekly, this is a slight descending wedge ; on the daily, it is more slanted of a wedge ; these are both actually good signs that we probably through the worst of the downtrend

It is close to the bounce or fail area though; so i personally expect this to bounce of the blue line (weekly charts support); if it goes below that, then the bottom red line should cause a bounce ( daily charts support);

If both fail (and its not a bear trap by whales) then we can see mid 6's

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