Technical Analysis for AMD 6/3--------Pre-Market

New ATH in pre-market

So This is gonna be my last post for the week and AMD is seems to be taking my trip enthusiasm a little early??? or perhaps the big money finally believes in the "me doing international travel trade???"

Also I think it's safe to announce that I might be stepping away from these points (sarcasm incoming) because I'm throwing my hand in the ring to be the new Director of the CIA. With my generous experience in housing and mortgage finance, I am more than qualified now that Pulte is the both NSA ANNNNNNND the FHFA. Soooo I'm throwing my hat into the ring. Although I feel like secretly leaking intel for my trading buddies would be very "on-brand" for this administration right???

So again AMD had a pretty strong day but I gotta say I don't like that volume candle. Volume dropped to a low and to me that shows speculation buying. Could be that speculators are pushing and buying the dips but traditionally volume has been tied to our share price. Lower volume, lower share price. So interesting to see if that trend is being broken here. I've started taking volume at repeatable intervals to conduct more volume analysis on an hourly chart to try to see if I can get a read on a light and heavy volume day and obviously anything is possible and can change on news but trying to use it for trading purposes to open LEAP positions or not. But all of that could be for naught if we are seeing a change here.