Huge C&H on AMD

2017年7月22日

A huge Cup & Handle is formed on AMD stock trend that goes back to 2007-10-15. Thanks to the new processors and graphics cards as well as booming cryptocurrency market AMD is on the rise since early last year. Moreover, trading volume has been on a continues rise. I'm guessing a lot has been accumulated by investors. The upcoming earnings report will play a big role on the direction of the stock. Upon positive news it should break out of the C&H and moon over the next couple of weeks. Target price will be $27.80.