AMD - Algorithmic Money DistributionAdvanced Micro Devices, Inc.BATS:AMDflightleader78If you are an investor who only cares about AMDs business, fundamentals and growth and have no idea of technical analysis, this stock drives you crazy. The fluctuations (+200$ in 6 months) have nothing to do with the underlying business. It is just algorithmic trading on steroids. I believe the alorithms have finally reached their target on October 28th and AMD will retrace with the entire US stock market. 267$ might never be seen again. A gap close to the 0.618 retracement at 165$ before Christmas would not surprise me at all. This might even retrace to the 0.382 at 100$ in early 2027. Only time will tell.