nizzmo
07-03 00:37

$Advanced Micro Devices(AMD)$ The volume was 13 million, which is low. There's no negative news out, and nothing fundamental has changed. With the 4th of July holiday, a lot of traders have left for the break. The move seems more like a shakeout and a potential bear trap, with a possible target around $600. Earnings are in a month, and historically, the stock tends to move higher into the report. That's classic AMD behavior.

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