Advanced Micro Devices (NASDAQ: AMD) has been a constant subject of study for tech industry watchers. There are more than 500 stocks in the still burgeoning technology sector. Many if not most of these stocks have given good returns over the last year or so. And AMD has doubled as well. But its price band of $6 to $15 is no where near its hey days value when the stock used to play
Advanced Micro Devices, Inc. (NASDAQ:AMD) As expected, the stock broke the downtrend line on daily chart confirmed by Fridays candle on volume above average. Price had been in consolidation for nearly five weeks after a fantastic performance in February. Friday's move initiated new momentum, which will probably test the 52-week high in the 15.55 area. My long term bias remains bullish. MacroGenics Inc (NASDAQ:MGNX) price needs to break the large
Antonio's perspective for AMD Stock has been pulling back since hitting a 52-week high of $15.55 on February 28. Short term traders should watch the downtrend line on chart above around the $14.20 level. Only a break and close above this zone (14.2/25) would lead to reversal higher into 15 level. On the downside, the daily chart is showing good support around the $13.50 area, but a decisive fall below