Shares of chip maker Advanced Micro Devices (AMD) have traded lower since early December, but investors have not been attracted to the long side. Unfortunately further declines look likely in the months ahead. Let's check on the charts.
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We should get some volatility in early December, and the Dow Jones Industrial Average is what looks most vulnerable.
These recently downgraded names are displaying both quantitative and technical deterioration.
These kind of names are in short supply in the current market.
With the possibility of a sale of MANU getting kicked around, it's game-on for owners of the shares.