AMD is showing a classic Bullish Flag. Don't miss the move.
Bullish continuation if preceding move was up.
Indecision. Widening then narrowing range.
Reversal pattern. Price likely to break downwards.
Market participants tracking Advanced Micro Devices should note the latest formation. Price has moved to $521.95 (-3.29%) amidst recent volatility. The primary technical feature is a Diamond formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $584.73, targeting $711.44 with support near $521.37 (R:R 2.0).
What is your outlook on AMD?