Potential AMD bounce as it reaches bottom of value area.
Mapped out support and resistance at 2 levels (bigger and smaller). It's reaching the bottom edge of both the smaller and larger up trend. Volume is needed since failure to bounce could be a signal of a down trend.
Comment:
Still holding, will probably adjust my low end value range since we now have 2 points of resistance. I expect bounce to continue.
Comment:
I would say for now, price level has been reached.
Comment:
Price target level reached.
Trade closed: target reached