AMD weakness at 100 support level
AMD
price is near the critical 100 support level, and the lack of a strong bounce at this level suggests a weakness. Correction down to 85 is very likely within the next 3 weeks. The current P/E ratio is also high given the market conditions. Disclaimer: The information is not intended to be and do not constitute financial advice, investment advice, trading advice or any other advice or recommendation of any sort.
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Closed this position at 85.77 as my profit target was reached.
My opinions and other information shared is not intended to be and do not constitute financial advice, investment advice, trading advice or any other advice or recommendation of any sort.