Given the January AMD has had, both in volume and price, $40 would seem like as good a place as any for a rest. If the bears aren't able to do more damage than they have done so far this morning this might prove to be a rather short pause.
Personally, I would just as soon AMD rested here for awhile, if for no other reason than to let the market and myself mentally adjust to the new situation. Lately owning AMD has been like living in a tornado.
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