I'm officially closing my previous short position today and going LONG as AMD exits its short-term correction and ends its 7-day loss in what I believe is going to be the last time we'll see AMD trade at this low of a price level for years. The stock is setting up for a dramatic upswing over the next four weeks that surpasses its current bullish trendline and follows a significantly more aggressive trendline that will serve to catch it up with its historical trend all the way to ~$20 after which it should return to its historical trend.
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