AMD Bullish Flag on the Daily/1Hr

Sep 25, 2021

AMD has been building a bullish flag pattern on the Daily or 1 Hour chart based the run that began July 19th of this year. It's been testing resistance at the top of the flag for the past two trading days, but it has not broken out yet. If we get a breakout of this pattern to the upside for the continuation, we could see the beginning of a $35+ run toward the ATH based on the measured move of the pole. AMD can be a fast mover, so it has the ability to reach the ATH level by the end of Oct.