AMD – The Viper Lunges… HARD!
Six days later and AMD breaks to the upside. How can I help you ANY better that THAT! We were in a classic squeeze. The 50 Day Moving Average was coming in like a Fighter Jet on a Carrier. The daily candles were trending upwards. The MACD and RSI were rising and with no where to run, no where to hide, AMD's only choice was to blow through the 50. And blow through, it did. I heard the "POP" all the way out in Idaho where all I had was my Smart Phone. So much for my whole new wave of unwavering wavering! haha... er... Never mind! All that said, I have put together a new video for you that I think may help you see where we came from and where we are headed and what our next choices may be.
Surprise.... AMD is clearly NOT dead... Hold off on buying that coffin.
Take a look at today's video and I think it will help you define the new direction\
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