AMD now at a crucial point for AMD. With Sony and Microsoft both coming out with new game platforms this year, which AMD will be supplying both of these new platforms with parts. This is a HUGE movement and moment for AMD. To put things in perspective: The last time AMD was able to supply for a new game platform with chips was about 8 years ago, when the first iPhone came out (imagine that!), and when the PS3 and XBOX 360 came out. After the release of PS3 and 360, AMD has been a PC supplier, which hurts a lot because the PC is dying, and tablets are rising. But, now, we have the release of these 2 new game platforms this year with AMD connected to both!! I really believe AMD will grow upwards of 30%-35%. I've been long on AMD for about 1 month now and am still holding the position. I don't think AMD will break down through its supports. I see good things in AMD's future. But, if it does breach support @ 3.93 there is another support level at 3.66. But, again, I only see good things for AMD's future. Not worried about this position. MAke your own luck. Happy Trading
Comments
jrinaldi97
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Did you watch Fast Money?
jmalone1224
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Every day! I've been holding a position in AMD for a little while now, and while I was adding the comments after making this chart I heard what their interviewee said about AMD and my head jumped up to the t.v. Timing couldn't have been any better for that lol. Did you see what happened to GNRC/Generac while it was being recommended by one of the firm investors as, " The Most " under-valued stock? Wild....