Friday, October 26, 2012

AMD Overnight Hold & Analysis

AMD finally showed green bar 2 days ago then small red then bigger green today and was strong all day to high of 2.15 and ran there at the EOD. Traded up .01 in AH even though AAPL earnings came out and market turned negative fast. MU was up .60 today and INTC up too - both are semiconductor companies and that why AMD sparking up. AMD is in a vulnerable place and is ripe candidate for a buyout of a larger company - like one of their biggest competitors possibly - INTC that is - anyway all these bottom crushed stocks are coming back to like with big green spikes - AMD may be next  look at these charts - 










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