sublimares2

AMD-The mugshot of a slow bullish winner

BATS:AMD   ADVANCED MICRO DEVICES INC
532 28 5
ABCD pattern might be successful finished @ 5.36 and probably until the earnings will be realised. After that - a pullback could be in play.
update weekly- definitely a bullish ascending triangle setup on weekly- broking the resistance it would help the price reach the 7 level. Earnings in 3 days and always a rollercoaster for AMD.
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Forgot to attach picture:) 1 trgt shown
snapshot
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This is going to make higher highs
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littleriver sublimares2
Thanks for the update. I agree. Looks very promising here.
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Thanks for the chart!
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I agree to your target. But I think it will rise much slower. If you compare how it behaved within the first 2 waves the you can imagine that a downward correction is due now so that the timetable until the earnings is to tight. We may see the target but later, perhaps in March.
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Yeah, I'm betting second and third quarter's will be great. Third even better. I also know AMD is a news driven stock, so if we get the news Apple, Microsoft, Samsung, LG, or Google is moving to AMD for APU/GPU systems in there smartphones/tablets, we will see an explosive stock move. This will probably happen this summer. I'm targeting $12+
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sublimares2 motleifaul
I agree it- it is a slow moving stock but with a little help from media hype this might easily gain the $1on the upside.
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Media will aid on non-earnings day's like today. When it comes down to earnings, numbers speak louder than words.
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sublimares2 QuantitativeExhaustion
Very true - we still have 4 trading days until earnings and for sure some signs will come out.
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