Replies to post #30179 on Advanced Micro Devices Inc (AMD)

[Dan3]

Re: I think $19 is possible.

Compare April to September of last year to November of last year to now. Once it broke through its trading range, it went up 50% in 2 weeks. I don't know if it's going to break out, but if it gets past $18.50, I doubt it will stop at $19. http://stockcharts.com/def/servlet/SC.web?c=AMD,uu[w,a]daclyiay[de][pb50!b200!f][vc60][iut]&pref...

[HailMary]

I think we see speculation and let ride this wave up. I think $19 is possible.

$19 would be nice before earnings. I have some April $17 calls I long ago wrote off as a loss in my head, but they are breathing again. In fact I am back to breakeven on them. These were gamble calls anyway, so I'm going to let them ride.

AMD has definitely broken out of the pattern it was locked in for 3 months, and it did it to the upside. Technically this is a very good sign.