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Goldmine2013
Sep 5, 2013 4:24 PM

Weekly cup and handle forming. Long

Advanced Micro Devices, Inc.NASDAQ

Description

$5 - $6.30 top of resistance price target in 2014
Comments
paydenkp
I agree completely. Saw this coming early on.

This combined with the following things will push AMD to new bi-annually heights:
1. Their earning reports are reporting less profit loss every report, consistently.
2. New products are in the line-up for the next 3-4 months. GPU's are coming September, Consoles are coming November, and APU's are coming January/February. All things that will pump money into AMD.
3. The aforementioned Cup and Handle pattern.
4. The US Semiconductor market is in a strong upward trend currently.

Things are looking up.
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