Just putting this out there. This is my own charting theory and I have no idea if it is a general acceptable practice. I have used this before to determine a hard bottom. Please do your own DD and good luck to all.
It isn't broken... yet... but it is touch and go right now.
still intact
We are at support right now. Let's see if it gives us a pivot up.
Possible Head & Shoulders chart pattern. Waiting for a clear signal to enter.
Inverted head and shoulders. Bounced up from 200MA. Still in the upward channel.
Could this be the break out?
Could retest the the short-term trend line, but I think AMD has an appointment with the 200 MA.
Could still drop to 12.90
Long-term trend line and short-term trend line converge with price at the .286 Fibonacci.
Trend lines.
