AMD is heading towards the support line of a Channel Down. If this movement continues, the price of AMD could test 86.7614 within the next 2 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
A Channel Down has formed, AMD is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
