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Sell AMD Stock, Amazon.com Inc And Google - Top Crossover Trades For Today

Here is the summary of today's top crossovers. The broad based correction in the market is taking a heavy toll on the top tech stocks. Alphabet Inc (NASDAQ:GOOG) stock closed below the 100-day moving average line for the first time this year. Amazon.com Inc (NASDAQ;AMZN) stock is testing its 100-day moving average. Advanced Micro Devices, Inc (NASDAQ:AMD) stock will continue to trend lower. If you want to see the complete set of technical trading ideas for today check them out here.

Is Advanced Micro Devices, Inc (AMD) stock heading lower?

The market continued to sell off for the third consecutive day amidst rising geopolitical tension and uncertainty over Fed's balance sheet tapering plan. Escalating tensions between North Korea and the United States continued to weigh on the market as President Trump doubled down on his threat to use force. S&P registered its largest fall in months, closing down by 1.5%, while Dow Jones Composite (INDEX:COMP) was down 2.3%. VIX spiked 44 percent to close at the highest level since Nov. 8. Most of the...


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