AMD coiling up for a breakout???

By Dr_Roboto
Updated
So may technical indicators all converging in one spot! Is AMD quietly consolidating before a big breakout? It has been kind of flat the last week or two while the rest of the market has been making ATHs. Is it AMD turns? Will it make another test of $50 and then bounce up, go to $50 and stay, or straight to $56 or higher?

What are your thoughts?
Comment
Hit $56 at 12:45 on 6/9.
AMDFibonacciSupply and DemandTrend Lines

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