Advanced Micro Devices, Inc. (NYSE:AMD) is scheduled to report its earnings on Thursday afternoon and analysts are estimating the company to narrow its quarterly loss to $10 cents a share from a loss of 66 cents a share, a year ago. Moreover, revenue is expected to grow 30.30% to $1.53 billion from $1.18 billion, a year ago.
- Looking at the chart, an ascending triangle could indicate a breakout.
- Watch the 10$ level. Breaking that one would send it higher.
- Wait for Intel results first (tuesday)