FluxTrades

$AMD - Demand Zone Inflection Point

Long
NASDAQ:AMD   Advanced Micro Devices Inc
$AMD is at an interesting inflection point right at a demand zone.

I'm expecting us to bounce from here and test 107, before moving up towards the gap at 116. A break below leads us down to 96, and then 87.50.

Regardless of the recent downgrade, this trade favors the upside.

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