Can the new line up for GPU cards, Xbox One S help push AMD towards an 8 dollar high in the short term? Or will we need PS4_Neo , Zen_cpu and maybe Vega_gpu in October to help us there? Lets find out.
From the looks of it we're entering a consolidation period from now until the release of the RX_470 (Aug.4 2016) and the RX_460 (Aug. 8th 2016). Will we see an outbreak towards the upside reaching the green line? Lets see. Going to $8!
Can we stay above the support level while hovering the green area? Lets see...
AMD is breaking a monthly trendline and it could be an uptrend continuation on daily. Bullish divergence for a possible new leg up.
Yesterday we´ve probably seen one of the best daily performance from AMD shares in company history. Why is that? Licensing agreement with the chinese. The chinese will be able to develop their own server SoC with a cooperation and based on AMD technologies. Means, they will develop their very own version ot the latest "Opteron" generation and pay to AMD for...
enter only on short term confirmation candle-strong group-dynamic stop loss 8 ema-adx trending-balance of power positive-macd about to cross-dmi strong-weekly strong-get our book on amazon 40 yrs experience