Amd is going long

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So currently Amd is sitting in a demand zone and the fib retracements are telling us to buy.
-Now as of today market ended in a nice red day telling us that pre market is going to be red. But most of long candles going downward indicate a valley coming the next day.
-We also see price sitting on the bottom of the bollinger band. Price will usually stay in between these bands 90 percent of the time

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