AMD Short

So everyone is calling longs, ill be one to call in short. At hind sight this looks like a mess but lets break it up:

1.) Ichimoku indicator:

a.) the lagging line is really behind the trend, and not confluence with it at all which means that there is momentum right now

*b.) the trend is breaking down from the cloud and the leading green line has reversed and crossed the red line

*c.) the 9ma is crossing the 26ma

2.) Fib Retracement

*a.) If we break the purple rectangle, which is an important support we can potentially free fall to the likes of $39