$AMD holds yesterday's low

I took AMD off the table but I continue to watch it. One interesting thing to note is that it held yesterday's low on a closing basis which is the double bottom low from the beginning of August.

I mentioned that this could still bounce but that this is now too risky given the close under 4 bucks. I am not of the mindset that it will get a good enough bounce to justify the risk of falling to 3.50 so the best thing to do is just watch and see if it comes down.