AI
Monday, June 04, 2018 12:10:45 PM
Shares of Advanced Micro Devices (AMD) is signaling a strong short on the daily chart with a reversal and topping tail today. The stock is up over 50% since April 2018. This is extreme overbought territory but the topping tail is the key. Look for a drop in the stock back to $12.50 in the coming weeks.
Gareth Soloway
InTheMoneyStocks
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