AMD - Buy Signal

As of this post, AMD has provided 2 recent buy entry with the latest occurring last week.

I use support/resistance lines instead of complicated chart patterns and indicators (they are generally lagging and provide false signals). I never play the breakout and always wait for the retest and resumption (breakouts are a losing man's trade because they generally retrace to the last breakout/breakdown area).

I don't see anything technically wrong with AMD. It looks like a good probability long trade.