Looking back on the monthly time frame. Two key previous highs were located and now act as support/resistance. AMD pulled back off of 61.8% fibs where initial chart was created. Was supposed to wait for reversal patterns to form before entry. Recent Higher Low (HL) was created which used previous high as support followed by a Higher High (HH) which broke through previous ATH and is currently using it as support.
If daily candle closed above previous ATH then then it 'could' continue to test current ATH and push further. Although, your stop loss would need to be below new HL which would ruin your risk to reward ratio depending on your targets and holding timeframe.
If candle closes below previous ATH then possible entries would be off the previous high support at ~42.7 with a stop loss below recent HL market structure. A staggered entry could also work off trend line from new market structure.
If daily candle closed above previous ATH then then it 'could' continue to test current ATH and push further. Although, your stop loss would need to be below new HL which would ruin your risk to reward ratio depending on your targets and holding timeframe.
If candle closes below previous ATH then possible entries would be off the previous high support at ~42.7 with a stop loss below recent HL market structure. A staggered entry could also work off trend line from new market structure.