AMD DOUBLE RESISTANCE! PERFECT?AMD had a nice pump this week and not it's in a little bit of trouble. There is a confluence stopping it's bullish price action. Two major resistance levels merge and AMD looks like it will need to retrace back to the support below before another attempt at moving higher.
If price stays where is it by Monday open, I will enter a short position with my stop above the current local high.
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This is not financial advice. This is for educational purposes only.