NASDAQ:AMD
Here is a chart of a possible shorting trade idea on AMD as shown by a parabolic curve. Note that as with most parabolic curves expect at 20% regression off of the parabolic highs. The areas of interest are color matched on the chart with a table of contents on the left.
This is a chart of a possible shorting trade idea off of a parabolic curve on AMD. I've have color matched groups on the chart to make it easier to the read. In pink you'll see the curve is drawn out with the bases labeled. As with most parabolic curves we an expect at least a 20% regression off of parabolic highs if not more.
