AMD two scenarios, more bearish for me

AMD looks like it failed to continue its bullish run after breaking out of the previous trend it was in. There is still a chance AMD can recover if it holds this area and pushes above the 20MA. However, this will confirm a triple top if it fails to go into ATH. RSI shows AMD has been sold aggressively so Bulls might want to capitalize on these current price levels to push the price higher. If AMD continues to go down I will be entering a short position as shown in my chart. AS I mentioned A triple top formation might occur so I might just wait a day or two for further confirmation if AMD will continue going down from here or if it will make one last attempt to push higher.