Pendant forming on AMD here right before earnings. Big play regardless of direction, but my bet... It bounces off this support line it's currently on.
Looks like that last burst retraced about 45% or so and held. Not a bad look at the target of $122. Likely will break through but I'll be taking some profit there.
With Higher Lows and the compression at this level, looking to see this one break passed that resistance and go higher. My target is Double my risk which is a GREAT win ANY day!
With the consistent lower highs we're seeing here, TSLA very well could climb and run higher. I'm keeping an eye on it to break passed this old support/new resistance that it's approaching now
Looking for a break out of this channel, slight pull back before climbing higher.
This channel is too nice and too consistent. It's worked well thus far, don't expect much change!