AMD is forming an inverse Cup & Handle pattern. The handle forms a flat triangle. If price breaks below the lower limit, a bearish trend will be confirmed.
You can either enter the trade know (aggressive) or wait for the breakout confirmation.
AMD has a high beta compared to the Nasdaq, if trade talks do not go well, it could lead to a serious bearish period, especially after the crazy week we just had.
You can either enter the trade know (aggressive) or wait for the breakout confirmation.
AMD has a high beta compared to the Nasdaq, if trade talks do not go well, it could lead to a serious bearish period, especially after the crazy week we just had.