If the correction is over looks like a good move up. Will wait and try and buy on a pull back if price retraces!
There are two trends that intersected each other. Are those reasons why AMD's price are moving upward due to those two given premises?
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.