Advanced Micro Devices Inc (AMD)

[JLS]

In case nobody knows how to use candlesticker:

https://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=3115

BULLISH SQUEEZE ALERT
Definition:
This is a three-day bullish reversal pattern. It was developed because of the frequent event where prices can break to the upside following this pattern, especially if the pattern is preceded by a strong downside move.

Recognition Criteria:
1. The market is characterized by a prevailing downtrend.
2. A black candlestick appears on the first day.
3. The second and third days each have lower highs and higher lows than the previous day. Their color is not important.
4. The sizes of the bodies of the three days do not matter.
Pattern Requirements and Flexibility:
The first candlestick should be a black candlestick. The other two candlesticks can be of any color and length but they should have lower highs and higher lows consecutively.
Trader’s Behavior:
What is important about the Bullish Squeeze Alert is that the downtrend has stalled and some base or stability has finally arrived.

Buy/Stop Loss Levels:
The confirmation level is defined as the body top of the last day. Prices should cross above this level for confirmation.

The stop loss level is defined as the lower of the last two lows.

Following the BUY, if prices go down instead of going up and close or make two consecutive daily lows below the stop loss level while no bearish pattern is detected, then the stop loss is triggered.