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Chip stocks hit hard, intel's earnings disappoint: Still a good bet?
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Advanced Micro Devices (AMD)

Advanced Micro Devices (AMD)
We now have what looks to me to be a still under development descending or falling wedge, which is a pattern of bullish reversal. The firm's RSI and daily MACD have been weak. Both have improved this morning. The stock will likely challenge its own 200-day SMA this morning. That, my friends is the pivot. $Advanced Micro Devices (AMD.US)$
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NYSE floor trader for over 30 years. Day trader, long-term investor, and anything in between.
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