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Consider AMD

This is a syndicated repost courtesy of Slope of Hope. To view original, click here. Reposted with permission.

As proud as I am of my prior post, I feel compelled to leave something trading-related up as a header post, so allow me to offer AMD as a bold short idea. Here we see the exponential moving averages beginning to roll over for the first time in a long while:

A very long-range view of the same trio of moving averages gives you a sense as to how this stock, over the long haul, is definitely prone to “rolling over” into long bear markets.

Of special note is that fact that – for the first time in five years – AMD is starting to damage its uptrend.

Wall Street Examiner Disclosure: Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. No endorsement of such content is either expressed or implied by posting the content. All items published here are matters of information and opinion, and are neither intended as, nor should you construe it as, individual investment advice. Do your own due diligence when considering the offerings of information providers, or considering any investment.

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