MorningStockWatcher

AMD to stay above 25 to 26 dollars.. Bullish on AMD 32.50

Long
NASDAQ:AMD   Advanced Micro Devices Inc
AMD is continuing to drop a little along with the market. It's not dropping as much as it could which is good.

Support is strong at around the 27 dollar range, along with bullish developments on RSI and MACD on the longer time frames.

Would like to see this make it's way back up after a possible higher low is created.Would like to see some consolidation at around 30 bucks, and then continue higher possibly 32.50.
Trade closed: target reached:
Target of 32.50 reached, bullish developments on RSI suggesting even higher prices after a pullback
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