There are three scenarios for butterfly patterns, I think the RED butterfly more realistic ...
revenue reverse !
3Q has been one hell of a ride for AMD. It's been fun! As we get closer into 3Q earnings i'm expecting a nice little bump into the new high arena. My guess is that we will touch the $8.40 area, following a similar past pattern for the rest of the three months. Ceteris Paribus. As for the news, I still believe Nintendo will be using an AMD x86; the Playstation...
Amd is giving buy on ichimoku...giving a breakout abv 6.90 for tgt 7.10 and above with strict sl 6.81
$AMD produces graphic processors for the x-box. IF you haven't been paying attention x-box sales are sky rocketing and destroying the PS3. I have seen news releases with numbers as high as 1000% increase on sales since the new x-box came out. I 've seen releases saying the x-box is out selling PS4 by over 300%!! All of this fundamental foundation will surly...
AMD seems to be offering a chance to rejoin the strong rally here, we can take a position if not already in. We bought today at 5.85, at the Key Hidden Levels chatroom. Good luck! Ivan Labrie.
On 9/9/16 AMD announced a dilution of its stock. ir.amd.com According to other analysts, as of 9/6/16, the stock should have fallen 14%; however, as of 9/9/16 AMD increased it's share offering. His / Her numbers state the following : ($757,000/$7) = 108,214,286 Shares 108,214,286/795,557,811 = 14% dilution equaling $6 dollars a share. His $7 dollar a share...
I honestly feel that we have reached a bottom, and with Zen_and_Vega in the horizon it seems it is a good point to get in. Also the latest dilution will help the company in the long run.
The past 4 months has been very interesting for AMD. We have been noticing the same symmetric tangle, followed by a consolidation period, and finally, the a lift off. Are we entering another consolidation period followed by a lift off? If history serves me correct, yes we will! Shooting to 8...followed by mid 8, triangle, consolidation, lift off to 9.