AMD - Buy the break-and-backtest, it's taking off already!!!

AMD weekly in the top chart finds itself inside of several rising channels; the most recent of them is four and half years old with a very nice 45° angle. Consolidation within this uptrend has now come to an end, as you can see from the lower, daily chart; breakout and immediate backtest is exactly what we want to see to go long; buy immediately or risk being left out.

Full disclosure: with today's purchase at the open, I'm now long AMD at 1% of total assets.