AMD broke out Diamond pattern

Updated
AMD has recently broken out a diamond pattern after reaching a lower point of a down trend.
Trade active
Moving smoothly towards the target
Note
Watch out for 84 as it could be a resistance.
Trade closed: target reached
reached the target of the same resistance
Note
The red line a down slanted trend is a good support. Short is only confirmed if the stock breaks below that.
Note
3X
Elliott WaveSine WaveTrend Lines

Disclaimer