as you all probably know already, $AMD is a huge winner today off an earnings win, conference anticipation from Thursday, large licensing contract with a huge Chinese company, and rumors about having their processors used in three new gaming systems. Pretty sure analysts upgraded it also. These are all great buying catalysts.
very confident this news will spread over the weekend and my goal is for it to gap up monday and create another morning spike. I'd aim to get out at that spike. Bought 1,500 near the close, averaging at 3.75, using the low 3.60's as cut risk. It's creating higher highs and higher lows so this is uptrending beautifully, I really like this chart long term also. blew through prior resistances today. I still don't know if it was squeezed or not because there was 100m or so shares short, but there's around 800m outstanding.
has massive resistance on the long term chart around the 3.90's also but I'm hoping it can blow through that come monday, It's already near it. I'm hoping it can go to the low 4's by Monday.
Thanks for reading! :)
I think it has big potential man, I wanted to get in but I have a small account and I´m on another stocks :s I think it definitely will be profitable
yeah man i'm excited. closed strong but i should've mentioned i'm only on a paper account. best of luck to ya though :0
:)*
be looking for a bull flag play as well as a breakout play.
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