JakeSchoenleb

AMD potential buying opportunity

Long
NASDAQ:AMD   Advanced Micro Devices Inc
AMD has fallen 9% since taking profits. There are some technical levels that the stock could find support. I'm still Bullish on this stock. With a new chip and earnings being released at the end of the month, I expect the upward trendline to hold. I'll look to buy when there is a confirmed bounce.
This trade has a risk to reward of 9:1.
Post thoughts!
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