AMD MIGHT NOT HAVE ENOUGH IN THE TANK FOR THAT ER RUN UP!
I like AMD, but gotta face the music. There are some very critical things that need to happen for the expected earnings run up on a beat. Even if it beats by what AMD fanboys and fangirls think they may be so far down breaking even would be a gift. The reality is the MACD just turned south for AMD, Low Vol, and what looks to be a Hedge Fund Mgr's wet dream bull trap for millennials.
IF the next pattern is a head and shoulders its a run up to 13.60's-13.80's fairly quickly then a slow and steady descent and then BAM! Break that neckline and take my millennial friends for a quick 5%-15%. I love trading this its easy money, but im sitting this one out till ER. GLTA.
PS. SHORT is where I would bet.
IF the next pattern is a head and shoulders its a run up to 13.60's-13.80's fairly quickly then a slow and steady descent and then BAM! Break that neckline and take my millennial friends for a quick 5%-15%. I love trading this its easy money, but im sitting this one out till ER. GLTA.
PS. SHORT is where I would bet.