AMD new range higher

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AMD essentially hit my buy zone that I called months ago almost to the T. Now with renewed strength and the market realizing there is share for both NVDA and AMD, the stock rips. I believe it will push up into this zone over the next week weeks and consolidate here. I am not currently in this trade but I did short AMD on the prior pivot.

Sometime in August we likely enter this range and I may start to sell CSP in the demand zones that form.

Penafian

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