The AMD daily M-top pattern is brewing— but it’s not time yet, don’t jump to conclusions.
The neckline hasn't clearly broken, so the M-top isn't considered formed. The dense support area is still effective, bouncing directly from support, and further confirmation is needed for continued bearishness. If the M-top really develops, the measured target and the lower weekly trend line are important references.
Before it breaks, maintaining a wait-and-see approach is the most rational choice.
Do you think AMD will break the neckline this time?
Risk warning: personal opinion, not a basis for decision-making, trading has risks, please bear the losses and profits yourself.
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