AMD is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If AMD continues in its current trajectory, we could see it reach 151.1689 within the next 12 hours.
Because AMD formed a Channel Up pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
