reverse cup and handle $AMD

アップデート済
Looks like a reverse cup and handle here. I have been tracking this before the handle formed, just didnt think to publish this idea/observation.
Expecting the price action to break the support at $73.53. I would enter short positions once that price is broken for a higher probability of accuracy, however, i suspect if/when that support is broken that it will be a "free fall" of sorts, likely triggering stop loss sells.
ノート
inverse cup & handle**
ノート
Flip Side: a double bottom at the support line would obviously be very bullish and my sentiment would change to a long position
ノート
Never actually entered a position here -- was tracking this for practice/fun. but it is looking like this set up is no longer valid. There was bullish divergence and mabe that was enough to get bulls buying here.
AMDChart PatternsCup And Handleshortshortsetup

免責事項