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AMD - ASCENDING TRIANGLE - WEDBUSH UPGRADE TO $51.50?

This could be a false breakout, watching open...

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Or a real breakout ....

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So, today will be make or break possibly.

1. Breakout from $43.35 UP UP

2. Breakdown from $43.35 to $44 range DOWN DOWN

3. Sideways around top, and more consolidation.

4. 30 Minutes til open, exciting :)

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I am trading some of my own money today. Lets see what happens.

Trade active

If the Wedbush Upgrade to $51.50 on December 20th, very late to the party guys, is the signal for the head of this puppy on the head and shoulders, look at my other idea, that would be hilarious. 3rd tier clowns. Would look good on them and there analyst Matt whatever...

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If this stock actually takes off today and runs $1 to $4 based on continuation, on very reliable patterns, that even a monkey could spot, this is a joke. I think technical analysis and charting may be being used to set everybody up here for a fall... too frigging easy.

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2. AMD – Jan 28
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15. TXN – 22 Jan

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Well I personally bought 5000 shares at $43.25 in the pre-market.
Gone at $43.85 for a quick 3K. We need spending money in Turks :)

That is it for me today, I just don't trust it up here. $40 was my Dec 31 target, $44 is a gift.

Thank You.

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I am advising client that anything in the $44 to $46 range, it is okay to take a little profit into year end :)

You can always buy it back at $60! ;)

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You know, the thing after 30 years in the business that I don't struggle with anymore, and is the hardest for most traders... EXIT STRATEGY.

Make sure you have one, before you buy anything...

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Well this flag would end at $46.

The last flag was from $39 to $43. So the pole is $4.

Lets see if she makes it.

First week in January may be scary...

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AMD usually does $1 / DAY when it is continuing...

Order cancelled

Done for the day. If this break $44.25 convincingly, or breaks $43.70 convincingly, back, otherwise, have a good weekend.

drchelsea1

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drchelsea1