The good news to AMD is:
By April, Microsoft Windows XP will be expired. Which means many persons or organizations might have to buy new Computers, if they are currently running with Windows XP. You will see next a few quarters AMD profitable. This fundamental information is supporting the Flag Chart pattern.
Looks like Big One is trying to collect AMD in a cheap price.
But do not worry:
Here is the truth:
AMD's net profit was $89 million, or 12 cents per share, in the quarter, compared with a loss of $473 million, or 63 cents per share a year earlier.