Welcome to Trading Advantage. I will be sending you quick notes on potential opportunities I spot in the markets. These will be short and sweet and straight to the point. If you want to check out the weekly outlook I put together a few days ago, you can still see it here.
Advanced Micro Devices, Inc. (AMD)
Here is a move that caught my attention. AMD is coming into important confluence at the junction highlighted in yellow
Anticipate a break of this support over coming days and weeks. A short position is favored.
Thanks,
Joe
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