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Strategies & Market Trends : Swing Trading Set-Ups using the Methods of Alan Farley and L

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From: Wizard3/1/2006 11:01:15 AM
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AMD shows good risk-reward here. I bought this one today using tight stop-loss.

Pattern shows a sideways consolidation within a strong uptrend. The stock showed weakness yesterday but held the Feb 14 low and did not breakdown this morning.

Semiconductors Relative Strength screen best on my sector watch so this looks like a good time to get into AMD... The stock could rally significantly.
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