LABD tested a fibo 50 line and if will breake last high it will be a good signal to test 1.272, 1.4 and 1.618.
In most cases regular corrections end at 50%-61.8% Fibonacci retracement area. Lets wait =)
Experimental strategy based on breakout RSI's support and resistance lines.
RSI support and resistance lines. 15m AMD is under black EMA(633) it's pretty bearish, lets see what will happen next.