This is the perfect example of Support becoming resistance.
Look at how many times price rejected off previous support now resistance, and every time it forms a new trendline which breaks and set new lows.
This could be a great opportunity to short it towards $80
Keep in mind AMD reports earnings this week ...
Look at how many times price rejected off previous support now resistance, and every time it forms a new trendline which breaks and set new lows.
This could be a great opportunity to short it towards $80
Keep in mind AMD reports earnings this week ...