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chaseflores10
Sep 9, 2021 7:03 AM

AMD coming back down to earth Short

Advanced Micro Devices, Inc.NASDAQ

Description

AMD looks bearish. Broke the trendline, ugly red candle today on the daily. Momentum has subsided, looking at $103 strike puts expiring 9/17. I think AMD will fall to $100 before finding support.

Comment

Looks like AMD did find support at $100. Double bottom around $100, might ride this back to the upside.
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