AMD holds support and remains bullish

AMD held support between the range of 12.41 and 12.93. After hitting these prices we saw a strong rejection to the down side and the price bounced up. Many saw this sell off as a great buying opportunity due to the fact that AMD has been in a uptrend since early last year.

According to my research it is still a good time to buy AMD as it has not yet triggered the "supertrender" buy.

Always remember this is just my opinion and should not in anyway be treated as financial advice. No one knows what a stock is going to do next, all we can do is find a possible opportunity and risk what we see fit to see our idea through.