$AMD retracing here...
Charts and overlays are definitely showing indication of higher prices to come, but indicators are signaling overboughtness. It helps to take any gains and reposition on a nice retracement. The explosive volume and price action are signaling a high demand for this stock. In my own experience and practice, I found it best to not get excited and caught up in these huge emotional price expansions. It's better to remain disciplined and find a position that fits your strategy's profile... <-- i guess this is something one can only learn over time and trading transactions. :)
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