Mkaspar

AMD head and shoulders

Short
NASDAQ:AMD   Advanced Micro Devices Inc
AMD on daily chart may builds a head and shoulders pattern, on weekly still well extended - did bounce off -2ATR few weeks ago, P/E 42, so I would not be surpriced if AMD would drop down to support area between 90 and 100 USD, also -2ATR points to 92.14 right now. Earnings on 3th of May could change the game in one or another direction..

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