Checkout this chart:http://www.stoxline.com/quote.php?s=amd
good informative site.
All support seems to go away when AMD execs open their mouths. What is the next opportunity...Q4 earnings!Highlights of the Q4 earnings:- Massive Q4 loss vs. "break even" guidance- Massive ATI writedown- Q1 guidance down (at least to seasonal average)
Support #2 is at $6.60!!! You'd better pray that 7.93 holds.
Let see if this chart tell you something!
6-months target is $14.17, that is 50% uptrend.Thank you for the link!