Advanced Micro Devices ($AMD) : Possible consolidation range


AMD has fell from $8.40 to $6.90 within one short month.

From the Ichimoku chart, there is a possibility that it may consolidate between $6.90 and $7.20

Rumours includes new CEO (from IBM).


At this moment, there is no confirmation that the consolidation range will hold. Neither are there confirmation of a bullish signal. I am vested and is making a bet that there may be some positive catalyst in the tunnel.

By iam802

Trend trading with Ichimoku