Textbook-like Bearish Dark Cloud Cover. for NASDAQ:AMD by weibin

Textbook-like Bearish Dark Cloud Cover.

This is a minor term analysis. So, if you are playing long term, just buy the dip.

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We finally had bearish confirmation today with a gap down and follow thru with increasing bear volume. I am expecting for more down side price action in the coming weeks.

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March 3rd weekend update: A big follow thru with huge volume today. If you look at weekly chart, that's a bearish engulfing candle with big bear volume. I won't be surprised if AMD continues lower next week.

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Since this bearish call, dropped near 30%.

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maybe working on a massive shake out before it moves higher

weibin

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If you want to play INTC long term. You can do it now.

by weibin

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