lucky human foot
Long

AMD turnaround on Gaming consoles?

BATS:AMD   ADVANCED MICRO DEVICES INC
611 16 5
I will open a position in AMD             monday.

Last earnings beat expectations and AMD             is delivering chips for Wii U, Sony             PS4 and Microsoft             X-box which could give it a new opportunity.

I believe it is in an ascending triangle and will very soon break through resistance at 2.92.

If the trendline doesn't hold it might just need an extra attempt to break through the resistance, but if I see significant weakness I will close the position.
lucky human foot
3 years ago
well it is a triple if you add 1990 :-)
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QuantitativeExhaustion PRO lucky human foot
3 years ago
you also have a Wolfe Wave.. thanks for bringing this chart to light
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jybsyb
3 years ago
good work
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lucky human foot
3 years ago
thanks
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lucky human foot QuantitativeExhaustion
3 years ago
I looked up Wolfe Wave and was just about to ask you to illustrate it. Thanks for that. I just opened a position now and will cross my fingers that we are right.
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QuantitativeExhaustion PRO lucky human foot
3 years ago
Mr. Market turned and so did AMD
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Algokid PRO
3 years ago
Thanks for sharing this .I'm following the chart for now and have an alert to buy if it goes above 2.92. :)
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lucky human foot Algokid
3 years ago
Sounds like a sensible entry point. Unfortunately the trendline was broken today.
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Actually the best entry would be a break above the major descending trendline. Check the chart above
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Algokid PRO
3 years ago
Thanks for sharing this .I'm following the chart for now and have an alert to buy if it goes above 2.92. :)
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good idea
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lucky human foot
3 years ago
getting back on track :-)
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lucky human foot
3 years ago
Looks like it is breaking out. If it goes beyond 2.92 I will buy more
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lucky human foot
3 years ago
take off!!!!!!!!!!!!!!!!!!
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