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$AMD: Bottom after a correction?

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has a nice setup forming here intraday, if price breaks over $65.02 you can expect a strong up day tomorrow, with upside to $66.02. If it fails to get follow through after triggering this buy and moves under $64.08 you can consider the short term entry failed and take the loss. Don't risk over 1-2% in such an entry...if it triggers.
The daily down trend time has expired, so it suggests price could mean revert back to the down trend mode @ 70.67 within the next 7 daily bars or less. That's a good target for any position you let run for longer than a day after taking this short term opportunity to get long stock.

Best of luck!

Ivan Labrie.

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Not filled, trade cancelled.

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