$AMD: reaction to weekly trendline resistanceAdvanced Micro Devices, Inc.BATS:AMDHeadsUp2021AMD has a weekly chart trendline resistance above. Additionally, AB=CD also indicated a target was hit. Stock pulled back. Counting from the prior low, AMD pulled back not quite 38.2%. I think the 38.2% retracement got front-run, showing strength. 38.2% retracement is quite typical of Wave 2 pullback. This area is a good price to enter long. I hold long term shares of AMD and added to my holdings on Friday 11/7.