It seems like there is a clear uptrend line. AMD
got a strong resistance happens at 13.80 confirm this trend line
. There are several ideas. I think consolidation happening right now and it will test the 14 this month. The stock might follow this line with waves until next earnings
then it will break the line around $15 and run to its 17-20.
Base on positive earnings
, guideline and growth I don't think it will go under $12 - $11.90 again. Just follow this trend line
and see if it find resistance or break it.
Just and Idea,