AMD rejected off the 786 retracement on the daily, and on smaller timeframes off 618, 382 retracements and VWAP. Forming a C&H, currently sitting just below the 0.5 retracement (143.5) Has CES on January 5 as a catalyst for tech industry. Could break out of this descending wedge but has to get over trendline resistance/618 fib retracement confluence at 146.6. Calls over 146.6, PT 148, 151, 154, 156. Puts below 143, PT 140.5, 140, 136, 133.
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