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AMD primed for breakout
AMD
, 240
Short
AMD: AMD primed for breakout

Falling wedge forming on 4H & D timeframes. Looking for bounce off upper keltner channel & 9 EMA on daily timeframe for continuing bullish momentum. On the 4H price bounced off lower keltner channel at a good support level confirmed by Fibonacci pivots (marked by yellow levels). Falling wedge also confirmed on the hourly timeframe as well as a bullish MACD cross...

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