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Show Notes
Rick Ducat tackles the technicals on AMD's (AMD) chart as shares have attempted to muscle back some of its recent selling action. Rick identifies the momentum and moving average studies that show signs of support during its recent downtrend after falling from all-time highs. Rick indicates significant trading volume near its standard +1 deviation. Tom White later swings by with an example options trade, demonstrating a put vertical trade using the Nov. 21 expiry date. He calls it a "passively bullish" type of trade.
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