$AMD another HTF lower high? Back to retest lows?

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$AMD another HTF lower high? Back to retest lows?Advanced Micro Devices, Inc.BATS:AMDbenjihyamWhile many people are bullish AMD here, I don't think the chart looks that great. The recent rejection here sets up a double top and the possibility for us to go down and retest the lows again. You can see using Heikin Ashi candles that bearish momentum has already started on the 2D timeframe. You'd need a very strong move higher from here to negate both the double top and the bearish momentum. The only possibility for the bulls is to break above $191. However, bullish move that goes belows that level will most likely get sold lower. If price does continue down from here, then I think the most likely outcome is that we test the bottom two supports on the chart before the bullish move starts. Looking at the chart, it looks to me like the real bull run starts early 2026.