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$Advanced Micro Devices (AMD.US)$ still a swing trading wee...

$Advanced Micro Devices (AMD.US)$

still a swing trading week for me. not going to be a buyer yet. SPY weekly chart unless it heads to 577. (20MA) i would consider to buy in.
$Advanced Micro Devices (AMD.US)$  still a swing trading week for me. not going to be a buyer yet. SPY weekly chart unless it heads to 577. (20MA) i would consi...
SPY on daily chart looks like a possible consolidation.. (fed next meeting is end of jan, pretty close to AMD earnings. ) it is possible that market would be consolidating towards end of Jan before fed meeting. if its a head and shoulders, it is possible to head towards 577. (below 577 will be concerning because the last time this happened was last year october it headed towards 50ma.) which the 50MA weekly chart is 540.
$Advanced Micro Devices (AMD.US)$  still a swing trading week for me. not going to be a buyer yet. SPY weekly chart unless it heads to 577. (20MA) i would consi...
AMD is going to be very awkward as earnings and fed meeting is very close to each other. so... those with huge positions becareful.

AMD hourly
so as long it doesnt lose 123.7. it is still a possible retest towards 128.
$Advanced Micro Devices (AMD.US)$  still a swing trading week for me. not going to be a buyer yet. SPY weekly chart unless it heads to 577. (20MA) i would consi...
what im curious this week is that the previous trading session AMD actually held strong whereas many other individual stocks actually sell off. but i would still watch at the sidelines as no doubt the economy is still strong, pullbacks do need to happen from time to time.
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