Inverted H&S on AMD BULLISH FOR MONDAY !!!! 150$USD JUNE END!!!Advanced Micro Devices, Inc.BATS:AMDTSXGanGAnalysis of the Inverted Head and Shoulders - Left Shoulder: The price first dipped, formed a trough, and then rebounded. - Head: The stock dropped further, creating a lower trough than the left shoulder, followed by a recovery. - Right Shoulder: A higher low formed, aligning with the left shoulder before the price moved upward. - Neckline Breakout: The confirmation of this pattern comes when the price decisively breaks above the neckline (resistance level), suggesting a continued uptrend. Potential Outcomes - Bullish Breakout: Once the neckline is breached, a surge in buying pressure could push prices higher. - Volume Confirmation: Increased trading volume at the breakout strengthens the validity of the pattern. - Price Target: Traders often project the price increase by measuring the distance between the head and the neckline, then adding this to the breakout point. Given the current price action, this setup could indicate a strong bullish continuation. However, market conditions and external factors should always be considered before making trading decisions. If you want to refine this analysis or explore other scenarios, I'm here to dive deeper into key points! 🚀 Subscribe! TSXGanG I hold a CCVM and MNC (Certificate of Competence to become a securities broker anywhere in Canada) and have been working as a trader for five years. It’s a pleasure for me to help people optimize their trading strategies and make informed financial market decisions.