$AMD Trading Plan. Weekly Head and Shoulders
Updated
AMD closed below major support for the head and shoulders pattern. We saw a lot of red in the overall markets last week, and I think we'll be seeing some sort of relief rally across broader markets. Be patient and don't chase this trade wait for a retest of that support level.
Note
More room to drop. AMD has been getting crushed, currently sitting around $63. Still more downside to come with my target of $59
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