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AMD Stock Carries More Risk than Reward near $25

AMD stock is up almost 34% since the start of 2019, beating the year-to-date return of the S&P 500 three times over. Shares fell to $16.04 on December 26th, when the bulls finally managed to fight back. Yesterday, the stock closed at $24.71, following an intraday high of $25.51. Most people, anticipating the rally to…

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AMD Stock Confirms Bearish Reversal

A month and a half ago, on September 11th, AMD stock was hovering around $30 a share following a spectacular 190% rally in 2018. Optimism was running high, but knowing that semiconductors is an extremely cyclical industry, we thought it was time to “be careful”. Of course, the stock did not start declining immediately after…

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AMD’s Crypto-Inspired Stock Chart Looks Promising

The biggest profits during the gold rush of the 19th century were made by those selling picks and shovels. Similarly, graphics cards providers are currently making a killing as the crypto mania inspires a lot of people to spend big on mining equipment. As Intel stock keeps tracking the Elliott Wave path, it is time…

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