AMD: Distribution → Accumulation conversion?Advanced Micro Devices, Inc.BATS:AMDKingsii13What is good ladies and gentlemen, AMD is starting to show something very interesting. What initially presented itself as a potential distribution could now be transitioning into an accumulation model — and if that conversion confirms, the objective becomes very clear: New All-Time Highs. The biggest clue for me? Price continues to leave significant highs behind. That creates a weak topping formation. Instead of properly clearing liquidity above, AMD continues to leave those highs sitting there — exactly the type of price action that makes me question whether the market is actually finished expanding. If accumulation confirms, I want price to trade back through those highs and ultimately attack ATHs again. And fundamentally, AMD just reported record Q2 revenue of $11.5B, +50% YoY, with Data Center revenue more than doubling YoY. But the fundamentals aren't what gave me the idea. Price action tells you the story first. Distribution → Conversion → Accumulation → ATHs. Pay attention to the highs being left behind.