AMD BREAKOUT!
Huge breakout. The catalyst (see my previous AMD posts) Intel’s failure to come up with the next gen chips they are now far behind AMD and will be playing catchup for the next few years.
realmoney.thestreet.com/investing/technology/intel-s-manufacturing-setback-must-be-music-to-amd-and-tsmc-s-ears-15381322
It appears to me that a new range 60+ will be established and if earnings are good at this weeks release the range may be even higher. Be warned though that gaps in AMD price have historically been filled before moving higher.
realmoney.thestreet.com/investing/technology/intel-s-manufacturing-setback-must-be-music-to-amd-and-tsmc-s-ears-15381322
It appears to me that a new range 60+ will be established and if earnings are good at this weeks release the range may be even higher. Be warned though that gaps in AMD price have historically been filled before moving higher.
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