Advanced Micro Devices Inc
Long
Updated

AMD - strong uptrend in channel

216
AMD may dip within channel to 82. If continues in channel may see above 100 by mid-march. 109 possible by May.
Trade active
AMD is trading mid-range of channel. Still expecting possible pull back to $83 which is bottom of ascending channel. Option chain predicting pullback and breakdown through channel bottom. Bulls caution.

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