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).
Note:
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.