$AMD TEXTBOOK WYCKOFF SPRING ??!

AMD seems to be into a Wyckoff Spring formation.

1) Taking out previous resistance
2) Consolidating above the resistance
3) Failing to make new highs
4) Goes down and activates stop-losses
5) Springs up !

Buy point would be after coming once more above the resistance level.

Stop-loss would be at/slightly under the previous low.