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AMD Falling Wedge Divergence

NASDAQ:AMD   超微半导体公司
The hourly chart for AMD             has formed a falling wedge . There is stochastic divergence that is signaling a change in momentum and a breakout.
The price made a lower low, and the third low is lower than the first. Combined with a stochastic (9,3) that is coiling and making 3 consecutive higher lows, we have a strong divergence signal on the hourly time frame.

We still need the stochastic to curl up, so be patient and get in on the way up.

Buy: 11.24
Target: 11.60 - 12.18

jbzstocks.com
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Buy amd buy bitcoin
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The stochastic rotated all the way above 80 today and the price didn't budge. The signal failed. If heavy volume comes in this could pop. Going to keep a close eye, but I'll wait for the next setup.
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