$AMD

This could be the start of a potential juicy short. First major sign is we started a 1,2,3 retest rejection. As marked by the yellow arrows I’m on the 4hr but 24hr looks cleaner and this play is going off 24hr candles. 2nd confluence is the punch down back into the potterbox below our 50% mark without a doubt we are going to retest the 50% mark at around 154. If we reject, first target is 148. (Short is no longer valid if we reclaim 154 with a 24hr close) if Friday closes below 148 Second PT will be 142.