Advanced Micro Devices, Inc. AMD

With the upcoming earnings season Dow will hit 30-31k points. That was always Trump target. From there it should be sideway / downward movement till we have further indications from the US and World economy

I believe of another push to 52$ by tomorrow. Then its perfect to sell before the weekend and see what happens next

What happens at 50$ ? Will we jump immediately to 55 ? ?

There are no roadblocks anymore left in the market. The situation is again the same when they announced the breakthrough of the china trade deal. I expect another 2 strong months in general stock market. After earnings everything could settle a little bit and then markets will be in the hands of polls for the election in November

You always have 2 trend lines for AMD net income is still very low so every gain they can do there will push the stock significantly. On the other side you have the topline which is at a 5 time multiple not very crazy. AMD is set to increase topline dramatically in the near future. Both combines mean more topline at higher margin is a magic factor for AMD

Needs to climb to 49$ in 35 minutes

Cant be this is not moving a dime when market is nearly 2% positive over the week

Still very unsure if I have the balls to hold

Still shy to go positive

I really dont get it why this did not hit 50$ today