lucky human foot
Long

AMD turnaround on Gaming consoles?

BATS:AMD   Advanced Micro Devices Inc
613 views
I will open a position in AMD monday.

Last earnings beat expectations and AMD is delivering chips for Wii U, Sony PS4 and Microsoft X-box which could give it a new opportunity.

I believe it is in an ascending triangle and will very soon break through resistance at 2.92.

If the trendline doesn't hold it might just need an extra attempt to break through the resistance, but if I see significant weakness I will close the position.

Comments

take off!!!!!!!!!!!!!!!!!!
Reply
Looks like it is breaking out. If it goes beyond 2.92 I will buy more
Reply
getting back on track :-)
Reply
Thanks for sharing this .I'm following the chart for now and have an alert to buy if it goes above 2.92. :)
Reply
good idea
Reply
Thanks for sharing this .I'm following the chart for now and have an alert to buy if it goes above 2.92. :)
Reply
Sounds like a sensible entry point. Unfortunately the trendline was broken today.
Reply
Actually the best entry would be a break above the major descending trendline. Check the chart above
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out