Advanced Micro Devices Inc
Short
Updated

GAP TO FILL TO THE DOWNSIDE

402
AMD has broken its support line and as a gap to fill to the downside which is our lower trend line of our descending channel. If we close below $71.60 down we go :) loaded up on October puts.

HOWEVER, IF WE CLOSE ABOVE $71.60 WE MAY BOUNCE UPWARD!!!
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AMD first gap target $65 possible bounce to $71 then further downside. However, we may drop pass $65 and hit $61
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Target Almost reached :)

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