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antifragilemachine
Jun 6, 2018 2:58 PM

AMD just went Bull. Shorts to Cover Long

Advanced Micro Devices, Inc.NASDAQ

Description

Good news keeps trickling out of AMD and this stock has HUGE short interest. If this climbs higher then shorts will have to buyback at considerable loss and this will drive the stock higher.

Resistance at 15.65 52 week high
Take a position with a tight limit. If this breaks 15.65, we can easily see 17-18 by August
Comments
insanelycool1
Enjoy the ride and buy the dips, that likely wasn't the only climb and short squeeze on this coaster. Don't get timid now. There's still a potential rocket ship coming. 7nm is just around the corner. Numbers imply that will be icing on an already tasty market share gain.
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