June 27, 2017

TAKE PROFITS AND EXIT ADVANCED MICRO DEVICES ON NVIDIA INTRODUCING A NEW CRYPTOCURRENCY MINING PLATFORM $AMD $NVDA

TAKE PROFITS AND EXIT ADVANCED MICRO DEVICES ON NVIDIA INTRODUCING A NEW CRYPTOCURRENCY MINING PLATFORM $AMD $NVDAThis post was just published on ZYX Buy Change Alert.

AMD has significantly benefited from its chips being used for cryptocurrency mining.  NVDA is introducing a platform for cryptocurrency mining. This will increase competition for AMD. Since AMD is meant to be a trade and not an investment, it is prudent to take profits and exit the position in the zone of $13.50 to $14.18.  As a reminder, if trying to exit near the high end of the band, be sure to move stops right under the low end of the band.  AMD is trading at $13.68 as of this writing.

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HOW GERMANS AND ITALIANS MAY HAVE KILLED THE GOLD RALLY AND TECHNICAL GOLD TRADERS LOST $GLD $SLV $GDX $DUST $GDXJ $NUGT $GC_F

HOW GERMANS AND ITALIANS MAY HAVE KILLED THE GOLD RALLY AND TECHNICAL GOLD TRADERS LOST $GLD $SLV $GDX $DUST $GDXJ $NUGT $GC_F

After a brief retracement, gold was in a strong rally mode. Gold gurus were issuing buy signals based on technical analysis and their followers were buying in full force.  Seeing the momentum to the upside, the momo crowd was aggressively jumping into gold. All of a sudden, gold fell $20.  Initially the gurus were at a loss as to what happened. Even a major news wire that a lot of media depends on wrote that they did not have a clue what happened.

As the time passed, media and gurus are embracing a theory that the reason for the fall may have been a fast finger mistake. … Please click here or the title below to read more.

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MOVE STOPS TO PROTECT PROFITS ON ADVANCED MICRO DEVICES, NEW TARGET ZONE $AMD

MOVE STOPS TO PROTECT PROFITS ON ADVANCED MICRO DEVICES, NEW TARGET ZONE $AMD

This post was just published on ZYX Buy Change Alert.

AMD is long from $11.42.  It is trading at $13.90 as of this writing.  To protect profits, consider moving protective stops on one-half of the position to $13.23 to $13.38, and the remaining half to $12.63 to $12.73.  The new target zone is $14.23 to $15.18.

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