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Messages - bioneer

#1
Previous 3SOF Picks / Re: AMD – Breaking Out
June 05, 2007, 01:52:02 AM
Technically, keep AMD on watch for a rebound.  3-month Fibonacci retracement to 50% indicates that profit-taking from the recent run-up may be done.  RSI slightly under 50 favors buying conditions.  Watch for consolidating at 14.25 maintaining the 50-day MA and confirmation of an uptrending MACD.