$Advanced Micro Devices(AMD)$

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$Advanced Micro Devices(AMD)$ Higher for Longer equates to the 10 year rising! If the 10 year only goes to 5% in the next two months I see AMD possibly testing the $160 level but it should hold the $170-$185 level until after the ER in a month. If the 10 year goes to 6% by the end of May then I see AMD testing the $120-$130 support level.

The share price drop in AMD with a 6% 10 year will not be as bad as the general market implosion due to AMD being FCF positive and having more cash on hand than debt. In preparation for this financial implosion I have moved 80% of my portfolio into guaranteed funds.

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FranklinMorley
·04-11
Wow, you've really done your research on AMD!
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PTOL
·04-11
👍
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