AMD: peaks and valleys, shrinking runs and resistance, oh my!
AMD is forming a peaks and valleys trendline pattern which is less common nowadays than in prior decades. One aspect traders need to watch for is shrinking run gains as a stock nears a resistance level. This warns early of profit-taking risk.
Martha Stokes, CMT
ttrader.im/tv-candlesticks
Learn how to use the technical patterns of each market participant for better trade planning.
ttrader.im/tv-candlesticks
Learn how to use the technical patterns of each market participant for better trade planning.
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