AMD has been tearing through the markets, hitting 52 week high almost every week for months. I am not surprised to see pullbacks like we have been seeing in the short term, especially with all the fear and uncertainty in the markets, as well as the FEDs QE not QE money printing, which may be some cause as to why markets have been rallying so hard. I am watching the middle support to see if it holds, I am short if we break under, with a target of 39.25. which in fact would make a fantastic entry to a fantastic company.
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