AMD has touched the trendline above three times before price pulled back and found support around the level of the $99-$100 mark. If AMD can bounce here then I like to see if it can reach short-term level of $110 resistance while the longer-term level would be $124 along the trendline. If AMD cannot pick up enough volume to bounce into resistance then I like it for a short down into the $95 area before more support is found.
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