ChaldeaCode

$AMD Inverse Head & Shoulder - Bring the dip ill buy the chips!

Long
NASDAQ:AMD   Advanced Micro Devices Inc
Semi-conductors/chip stocks took a big dip this week after more negative earnings reported.

I am watching this inverse head & Shoulder pattern for a reversal with huge upside potential.
Declining selling volume.
Near oversold RSI

High risk (manage risk) as we are at a major support level. If we lose this level, the weight could get really heavy back into the 70's range.. are you catching my drift?

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