Technician

AMD(Request): Approaching A key Resistance

BATS:AMD   超微半導體公司
4
Price in a short term bullish breakout mode, retested 4.25 resistance recently, on a break above it I expect a move to 4.45-4.50 resistance. I would be cautious near this area, as for the short term bullish trend to transform into a longer a more sustained one with a significantly higher upside targets this resistance should be decisively taken(at least few days of trading above it). On a break above 4.5 I will be targeting 6.00 and 8.30.
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