Bounced off of long term trendline support. Backtested short term downtrend. RSI curling upwards.
Strong fundementals and a headfake downgrade by the experts. All positives.
Long-term trend support from Dec. 2018 lows, previous pattern, and RSI trend suggest a big breakout to the upside soon. Looking for a run-up into earnings with tight stop-loss at month low.
Same pattern. Consolidation right after AMD doubled off April 2018 low (9 to 18). Right now nearly doubled off low December 2018 (16.5 to 33). Up against 33-34 resistance so expecting consolidation then massive gains on the way.
