Thursday, September 27, 2012

AMD Challenging the Head Fake level

AMD is up about +2.4% and close to breaking above resistance which would confirm the recent break below support was a head fake move and likely give AMD some upside momentum.

 AMD daily chart, it just needs to move above the red trendline.

 Intraday this morning.

The probabilities look good for AMD as this 15 min chart is positive, especially at the area in which it broke below support (likely head fake move).

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