Looking like AMD is having trouble deciding how fast to move up...good news is , we have gaps to fill at $3, $4.62 and $5.40, AND THE WILL BE FILLED, only a matter of time : )
1 - Looking to resume old power trend channel
2 - A new channel has been formed, confirmation of it thise week with bounce off 2.72
3 - Will it continue to break above the old channel? or will it break down into the new channel
Today it held outside the old channel, good sign, but it's not over yet. Will see what happens Monday, set your stops tight, if it goes down under the new channel, it will touch the bottom of it, like every other time...Rising support on new trend line will be 2.36, 2.37, 2.38 etc...