AMD

[peterwangos]

I see the BB width continues to squeeze. The price is moving to upper band. MFI > %50 (slope goes from negtive to positive)  Looks good. Still waiting for news. Bot some calls to bet on breaking up.

[nullzero]

AMD has been oversold im waiting for a bottom and possibly good dead cat bounce play .

[nullzero]

Bought 1000shrs at 31.204 today

Im expecting AMD should get a decent gain of 5%-10% in the next week or two.

[nullzero]

AMD up 2% today  so looking good

[sebfr]

SELL signal !!! Few risk...

Close at 26.53
stop loss at 28 = 5.54

[Se7en]

Can you explain why you see a sell signal here? 

[sebfr]

Hi,

I give almsot every time reasons for buying or selling a stock..Sometimes, i don't have enough time or personnal reason. At each trader to find all what he wants in my topics.

Reasons :
1. Support/Resistance : near resistance at 27-28
2. Bollinger Bands : 2 days ago Price close above upper bands and yesterday price close under Upper bands
3. Candlestick : Bearish Engulfing Pattern
4. Oscillators : Overbought (Cf. %D + Williams)
5. retracement : between 50% and 61.8% fibonacci retracement of the last minor uptrend
6. Market direction : Major DOWNTREND
7. Reward/Risk ratio : great -> few risk for possible great profit. Stop-loss at 28.13 and target at 21 - 17. Price close at 26.53.

distrust :
Volume are high on the last minor uptrend

I hope i help you for AMD and my last topic...

[sebfr]

Hi,

I have sell some shares of AMD...It is like BSX...You can see on the chart my entry price at 26.3...For comments go to the BSX topic or have a look on the chart

Stop-loss at 28.20..

I post this topic because AMD as still a good potential..

I have 3 profit targets and only one is effective

1. Money management protection rule : 24.30. OK

2. support at 21.14

3. Final at 17 (help to calculate my reward/risk ratio = 7.53...With a such good ratio i prefer to have 3 profit targets than 2 as usual..)

Good trades

[joet]

SEBFR,  You nailed this short sale, It is now hitting support i will be curious to see if you get your target, or earnings and Over all market drive AMD back up.

Kudos to you!  Joe

[joet]

Kudos SEBRF
Dropped again today, through support, tempted to try to short even here with target in 21's at next support, will see how the mornig rally goes, it closed at an extreemely low RSI, below 20, so i figure there will be some bounce tommorrow.
Applaud You    Cheers Joe

[Melf Elf]

Baonista posted on AMD in the Ascending Triangles folders (Applauded), so I'm attempting the "Merge" that he requested.

[basonista]

Thanks, Melf.  I'll post on AMD here from now on.

[nullzero]

AMD taking a beating the last weeks and months. Currently AMD does not have competive CPUs and a nice next generation video cards. I suspect AMD will drift lower and bottom sometime in the next few months. AMDs new line of CPUs is coming out in a few months as well as there next generation DX10 video card. Once these products hit the shelves and we can get an idea of how well they perform and what the consumers think of them (it may be a good time to buy into AMD then.)

[joet]

Wow, AMD is in a rut... broke all levels of support on the year that i can see!  Anyone playing this one?  Seems like a good short with a stop if it enters that gap at 16.45...  but the RSI at 22 shows so very oversold perhaps wait for a small bounce to then short....  Anyone long on AMD here??
Cheers Joe

[nullzero]

I wouldnt short AMD at these levels. AMDs next product line is on its way soon. If the new lineup shows better performance then its rival Intel we may see a rally. This may be speculation but I believe AMD is busy working on a multi core CPU with a built in GPU on one of the cores, intergrating both computer processing and graphics processing into one chip can give AMD a advantage in the intergrated systems market. Laptops and small devices like cell phones would benefit greatly from this with the performance and power consumption.

I think we may see a strong rebound at the support in the 14s. I would be a buyer very soon, espically with the new wave of buying needed for running Vista. Graphic cards will be in higher demand as well, since Vista will require more robust graphic solutions to run it. I would wait about 2 months to see if this bottoms out a good time to buy would be when we get the results in from AMDs next generation cpus and video cards.