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Amdlong

A great company which could survive all weatherThe market turmoil in Feb has eroded a lot people's bank roll, so as to the market cap of tech companies in general, some are extremely good ones. AMD has evolved themselves from the shadow of intel and became a key players in the IDC and mobile market...its last finance report has shown a lot of traits that they are on the uptrend to become more dominant than ever. Its share price has dropped from the recent high of 90s back down to mid 70s range has given us a great opportunity to load up. While the recent turmoil has broken the upward tunnel briefly but it has recovered and built extremely strong support at 74 dollar level. I would personally stock up at 82-83 dollar range and strong hold until it hits its recent high at 100 range...setting cut loss at 73.5 still give us a fair 2:1 risk reward ratio.
NASDAQ:AMDLong
by Squishybrain
AMD LongAMD looks like it wants to make a big move upwards. All of the Ichimoku indicates bullish continuation: -Price is above the Kumo Cloud -Kumo Cloud is green -Tenkan is above the Kijun -Bullish TK is above the green Kumo Cloud -Lagging span is above the price An Ascending Triangle has been formed: Price has been consolidating under the Triangle's horizontal resistance since early December around $94.35 Once the horizontal resistance is broken we should expect a retest of it or of previous all time highs at $99.23 The target for the Ascending Triangle is $140.25 with a possibility of further extension to the upper diagonal resistance formed over 20 years ago around $170
NASDAQ:AMDLong
by Hrempe