3SOF

Thanks nullzero, nice post. I too am following the AMD/INTC saga.

Cheers

uc.

Speculating......
Double Bottom (reversal) Pattern.
RSI is getting stronger with this declining price.


52wk Range: 14.43 - 42.70
Volume: 22,886,100
Avg Vol (3m): 24,615,300


Technicals
Most Actives

Last Price Quote is:
-2.19%below 13-day MA
-15.21%below 50-day MA
RS Rating: 4 

Fundamentals
Key Data:
Market Cap (M): $12,734.99 
P/E Ratio: 27.97 
PEG Ratio: 1.64539 
Next Earnings: N/A
Last Analyst Rating: Underperform

I am watch AMD stock too, but considering the price war between Intel and AMD, it is certain that AMD's profit margin hurts more. It is going to be a ver tough Q1 2007 for AMD and the stock propaby will lost 14 if Q1 loss widen. if it losses 14.05, the next level is 10.67

I used to work in the semi industry, and had a coworker who was very knowledgeable about what is called "FIB circuit edit".  It is key to design cycles, and INTC is way ahead of AMD in this area he says.  He told me just today he still thinks AMD is way behind here, and that any rally that AMD might pull off would be short lived.  He was short the stock recently and covered for a profit.

On the other hand, stocks move 40% or more with the market, and semis seem to be in bull mode again since last week...

My 2 cents:

I work in semis...
No technical jargon.

AMD is behind until it launches Barcelona processor this year and again takes lead for next 1 year.. Technically, whatever 3SoF community says about the stock price is correct. Its all relative when you want to enter into the stock. ( Before launch or lot earlier than launch or after the launch)..

The tie-ups with OEMs will start working better too...

AMD has been falling since February of 2006 with a rebound effort in Jul-Sep 2006.

AMD is on the rebound again with INTC showing signs of life. 

Could $13 be the bottom for AMD?

I have traded AMD several times before and if a new bottom has been established, AMD may have some gaining room.

- Ramsburg/setravis, I did a search before posting but AMD threads are already in the "Previous" threads.  If AMD continues the rebound, could you bring the AMD thread back to "Current" threads?

http://www.3stocksonfire.org/trading/index.php?topic=6773.0

"AMD" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.                                                  
All history on a stock pick in 1 thread is awesome.                                                   
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock.                                             
Thank You....and good luck with all your trades....make some $$$                 

setravis, thanks for merging the threads.

Nice gain for AMD while market dropped:

Closed at $14.05 up 0.48 (3.54%)
52wk Range:   12.60 - 34.96
Volume:   52,901,288
Avg Vol (3m):   28,200,500

Dow- down 147.74 (-1.11%)
Nasdaq- down 42.60 (-1.65%)

Close:  14.68
Change:    Up 0.63 (4.48%)
Prev Close:   14.05
Open:   14.16   
Day's Range:   14.10 - 14.69
52wk Range:   12.60 - 34.96
Volume:   43,427,203
Avg Vol (3m):   28,200,500

Hey LiveLife,

Nice call on AMD - if it breaks 14.75, it should run up to the bottom of that gap at 16.50, at least that would be the technical target of th W bottom reversal.  Volume has been very solid the last 2 days too.  Positive divergences on MACD and RSI also sugest it is time for a rebound, and the semis have been hotting up lately so this could be good for a nice little move here.  I'll be watching on Monday for that 14.75 breakout.

Thanks.

Indicators from barchart.com and stockta.com:

http://quotes.barchart.com/texpert.asp?sym=amd

http://www.stockta.com/cgi-bin/analysis.pl?symb=AMD&num1=3&cobrand=&mode=stock

Also, AMD unveils new graphics chip, high-end brand:
http://yahoo.reuters.com/news/articlehybrid.aspx?storyID=urn:newsml:reuters.com:20070514:MTFH27456_2007-05-14_04-01-11_N11215544&type=comktNews&rpc=44

Steady gains and broke through resistance.

Close:   15.36
Change:   Up 0.68 (4.63%)
Prev Close:   14.68
Day's Range:   14.84 - 15.43
52wk Range:   12.60 - 34.96
Volume:   49,425,042
Avg Vol (3m):   29,080,100

Wow and a long term breakout to go with it! 

Continuing the gain after a day of rest:

Close:  15.58
Change:   Up 0.18 (1.17%)
Prev Close:   15.40
Open:   15.36   
Day's Range:   15.17 - 15.63
52wk Range:   12.60 - 34.96
Volume:   28,057,311
Avg Vol (3m):   29,429,900

Steady gains.