‘Stealth’ Test?

AMD, posted its all-time high during the regular session this past Monday.

Then, like the SOXX, yesterday was a lower , down -7.3%, with the SOXX down -5.92%.

Today, was a potential test of that reversal (not advice, not a recommendaiton).

The 60-min chart has a minor ‘up-thurust’ (blue arrow) during the test, followed by downside action.

Stay Tuned

Charts by StockCharts

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The Danger Point®, trade mark: No. 6,505,279