AMD near term bearsihAdvanced Micro Devices, Inc.NASDAQ:AMDavalirkAMD has just tested the top of the LRC (Linder Regression channel) and has dropped after the earnings. Over the last several months, this is the first time it has hit the top of the LRC. With earnings already out, there are no market forces to push the stock higher. This has also broken down the LR line. I would expect the price to hover around 216 over the next two months.