andrewpgleason15

$AMD Pullback with Bounce Targets

Short
NASDAQ:AMD   Advanced Micro Devices Inc
AMD has been on a pretty strong rally for the past few weeks. However It has broken down out of an ascending triangle pattern after double topping the 130 level. There's a solid support level at 116.8, but with the big rejection of 130 and a big red day of momentum Friday, we could see it test the gap fill of 108.4 before moving higher

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