AMD breakout ?

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)

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One response to “AMD breakout ?

  1. Pingback: ST buy candidates « sensilively

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