Textbook-like Bearish Dark Cloud Cover.
This is a minor term analysis. So, if you are playing long term, just buy the dip.
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We finally had bearish confirmation today with a gap down and follow thru with increasing bear volume. I am expecting for more down side price action in the coming weeks.
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March 3rd weekend update: A big follow thru with huge volume today. If you look at weekly chart, that's a bearish engulfing candle with big bear volume. I won't be surprised if AMD continues lower next week.
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Since this bearish call, $AMD dropped near 30%.
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$AMD maybe working on a massive shake out before it moves higher
