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MarthaStokesCMT-TechniTrader

AMD: peaks and valleys, shrinking runs and resistance, oh my!

Advanced Micro Devices Inc (NASDAQ:AMD)  
MarthaStokesCMT-TechniTrader  
NASDAQ:AMD   Advanced Micro Devices Inc
Support and Resistance Trend Lines Candlestick Analysis AMD shrinking RUN resistance_level profittakingrisk Stocks semiconductors
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supportandresistance trendline candlestick amd shrinking run resistance_level profittakingrisk stocks semiconductors
AMD is forming a peaks and valleys trendline pattern which is less common nowadays than in prior decades. One aspect traders need to watch for is shrinking run gains as a stock nears a resistance level. This warns early of profit-taking risk.

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Martha Stokes, CMT
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