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pravenmoorthy
Apr 6, 2022 3:25 AM

AMD Short

Advanced Micro Devices, Inc.NASDAQ

Description

Daily Report

AMD can't be anymore weak. AMD has been underperforming among the semiconductor stocks. SPY has rallied for the past couple of weeks but AMD is getting back to it march low. If the 100 support is taken out AMD will have a massive sell off because the 100 level has been held multiple times. The trend is bearish until it can get back above the 125 resistance.
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