#AMD - Chart / Predictive Analysis ... Conditionally Bullish:
Friends,
Currently trading at 4.17, bullish conditions are developing in #AMD. Solid support built at 4.05; significant resistance at 4.82.
Pattern traders might recognize the nascent Shark with potential to link into 5-0 pattern if and when 4.82 target is hit.
OVERALL: A bullish market conversion already occurred per our analysis. Current development includes a potential positive divergence, which remains pending. Once complete, a high-probability rally opens up to levels defined overhead.
Cheers,
David Alcindor | 4xQuad.com
Predictive Analysis and Forecasting
Friends,
Currently trading at 4.17, bullish conditions are developing in #AMD. Solid support built at 4.05; significant resistance at 4.82.
Pattern traders might recognize the nascent Shark with potential to link into 5-0 pattern if and when 4.82 target is hit.
OVERALL: A bullish market conversion already occurred per our analysis. Current development includes a potential positive divergence, which remains pending. Once complete, a high-probability rally opens up to levels defined overhead.
Cheers,
David Alcindor | 4xQuad.com
Predictive Analysis and Forecasting