AMD continue to follow one year consolidation trend

5 Tem 2021

AMD has been consistent over the past year. The chip shortage could blow this whole consolidation out of the water and I would need to revisit then. following the previous patterns. I bought at 82.42. looking for a swing to 95. It has been going according to plan so I moved my stop loss up to 93.25. Looking to exit Tuesday/Wednesday for a 12.50 profit. Will reenter trade on reversal or if it pushes above the ATH of 99.23. RSI is way overbought.