Primary Chart: AMD's Downtrend from All-Time Highs (2D Time Frame), Fibonacci Retracements and Projections, Long-Term VWAPs
AMD remains in a severe downtrend at the primary degree.
AMD's price on its most recent rally off the October 13, 2022, low rallied right into trendline resistance and rejected lower. On a linear chart (primary chart above), price...
Primary Chart 1 : AMC Price on the Daily Chart with Significant Fibonacci Levels Noted
Will AMC's Short Squeeze Continue?
Another short squeeze has successfully launched a few lucky traders into the stratosphere. Maybe more than a few if some take profits timely. AMC has risen about +183% above its low on May 12, 2022. In the past several days since July 27,...